iShares Morningstar Multi-Asset Income ETF (BATS:IYLD) Stock Price Down 0.1% – Here’s What Happened

iShares Morningstar Multi-Asset Income ETF (BATS:IYLD)’s stock price fell 0.1% during trading on Thursday . The stock traded as low as $22.40 and last traded at $22.51. 21,831 shares traded hands during trading, a decline of 36% from the average session volume of 34,277 shares. The stock had previously closed at $22.54.

iShares Morningstar Multi-Asset Income ETF Trading Down 0.1%

The company has a fifty day moving average price of $21.98 and a two-hundred day moving average price of $21.48. The firm has a market capitalization of $123.81 million, a PE ratio of 12.85 and a beta of 0.48.

Institutional Investors Weigh In On iShares Morningstar Multi-Asset Income ETF

Several institutional investors have recently made changes to their positions in the stock. IHT Wealth Management LLC increased its position in iShares Morningstar Multi-Asset Income ETF by 5.6% during the fourth quarter. IHT Wealth Management LLC now owns 12,982 shares of the company’s stock worth $278,000 after purchasing an additional 690 shares during the last quarter. Triumph Capital Management purchased a new stake in shares of iShares Morningstar Multi-Asset Income ETF during the 3rd quarter valued at about $48,000. IFP Advisors Inc grew its position in iShares Morningstar Multi-Asset Income ETF by 923.9% in the third quarter. IFP Advisors Inc now owns 4,106 shares of the company’s stock valued at $87,000 after acquiring an additional 3,705 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of iShares Morningstar Multi-Asset Income ETF by 15.9% during the third quarter. Jones Financial Companies Lllp now owns 6,964 shares of the company’s stock worth $148,000 after acquiring an additional 954 shares during the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of iShares Morningstar Multi-Asset Income ETF by 77.9% in the first quarter. NewEdge Advisors LLC now owns 3,484 shares of the company’s stock worth $70,000 after buying an additional 1,526 shares during the last quarter.

About iShares Morningstar Multi-Asset Income ETF

The iShares Morningstar Multi-Asset Income ETF (IYLD) is an exchange-traded fund that is based on the Morningstar Multi-Asset High Income index. The fund tracks an index of fixed-income, equity, preferred stock and REIT ETFs with a focus on income production. IYLD was launched on Apr 5, 2012 and is managed by BlackRock.