First Horizon Advisors Inc. Has $744,000 Stock Holdings in CP High Yield Trend ETF (NYSEARCA:HYTR)

First Horizon Advisors Inc. lifted its stake in CP High Yield Trend ETF (NYSEARCA:HYTR) by 21.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,232 shares of the company’s stock after acquiring an additional 5,987 shares during the quarter. First Horizon Advisors Inc. owned approximately 8.56% of CP High Yield Trend ETF worth $744,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, JPMorgan Chase & Co. bought a new stake in CP High Yield Trend ETF in the third quarter worth $140,000.

CP High Yield Trend ETF Trading Up 0.1 %

Shares of NYSEARCA:HYTR opened at $22.02 on Tuesday. CP High Yield Trend ETF has a 1 year low of $21.01 and a 1 year high of $24.26. The firm has a fifty day moving average price of $21.89 and a 200 day moving average price of $21.97.

About CP High Yield Trend ETF

The CP High Yield Trend ETF (HYTR) is an exchange-traded fund that is based on the CP High Yield Trend index. The fund aims to reduce risk by tracking a rules-based quantitative index of US bonds that will toggling between high yield and treasuries based on momentum. HYTR was launched on Jan 21, 2020 and is managed by Counterpoint.