iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR) Trading 0% Higher – What’s Next?

Shares of iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR) traded up 0% during trading on Wednesday . The company traded as high as $87.16 and last traded at $87.1289. Approximately 61,330 shares changed hands during mid-day trading, an increase of 678% from the average daily volume of 7,883 shares. The stock had previously closed at $87.09.

iShares U.S. Fixed Income Balanced Risk Systematic ETF Stock Performance

The business’s 50-day moving average price is $87.85 and its 200 day moving average price is $88.72. The company has a market cap of $74.06 million, a P/E ratio of 10.90 and a beta of 0.26.

Hedge Funds Weigh In On iShares U.S. Fixed Income Balanced Risk Systematic ETF

A hedge fund recently raised its position in iShares U.S. Fixed Income Balanced Risk Systematic ETF stock. Ameriprise Financial Inc. boosted its holdings in shares of iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR) by 7.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 106,320 shares of the company’s stock after buying an additional 7,199 shares during the quarter. Ameriprise Financial Inc. owned approximately 12.51% of iShares U.S. Fixed Income Balanced Risk Systematic ETF worth $9,574,000 at the end of the most recent reporting period.

About iShares U.S. Fixed Income Balanced Risk Systematic ETF

The iShares U.S. Fixed Income Balanced Risk Factor ETF (FIBR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index composed of USD-denominated bonds and Treasury futures. The index seeks to equalize exposure to interest rate risk and credit risk. FIBR was launched on Feb 24, 2015 and is managed by BlackRock.