iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) Sets New 52-Week High at $78.44

iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $78.44 and last traded at $78.38, with a volume of 186232 shares changing hands. The stock had previously closed at $78.29.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Down 0.1 %

The company has a market capitalization of $14.92 billion, a PE ratio of 9.60 and a beta of 0.36. The stock’s 50-day moving average is $77.38 and its two-hundred day moving average is $77.19.

Institutional Trading of iShares iBoxx $ High Yield Corporate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of HYG. Wetzel Investment Advisors Inc. bought a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter valued at approximately $26,000. Able Wealth Management LLC purchased a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter worth $39,000. American National Bank raised its position in iShares iBoxx $ High Yield Corporate Bond ETF by 13,150.0% during the 4th quarter. American National Bank now owns 530 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 526 shares in the last quarter. Pathway Financial Advisers LLC purchased a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 1st quarter worth $41,000. Finally, Tidemark LLC bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter worth $44,000.

About iShares iBoxx $ High Yield Corporate Bond ETF

iShares iBoxx $ High Yield Corporate Bond ETF (the Fund), formerly iShares iBoxx $ High Yield Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid High Yield Index (the Index), which is a rules-based index consisting of liquid the United States dollar-denominated, high yield corporate bonds for sale in the United States, as determined by the index provider.