iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR) Shares Up 0.2% – Time to Buy?

Shares of iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR) shot up 0.2% on Tuesday . The company traded as high as $91.20 and last traded at $91.1150. 38,610 shares changed hands during mid-day trading, an increase of 907% from the average session volume of 3,834 shares. The stock had previously closed at $90.9669.

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

The stock has a fifty day moving average of $90.14 and a 200 day moving average of $89.99. The stock has a market cap of $77.45 million, a price-to-earnings ratio of 10.90 and a beta of 0.26.

Institutional Trading of iShares U.S. Fixed Income Balanced Risk Systematic ETF

A hedge fund recently raised its stake in iShares U.S. Fixed Income Balanced Risk Systematic ETF stock. Ameriprise Financial Inc. lifted its holdings in iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR) by 7.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 106,320 shares of the company’s stock after acquiring an additional 7,199 shares during the quarter. Ameriprise Financial Inc. owned 12.51% of iShares U.S. Fixed Income Balanced Risk Systematic ETF worth $9,574,000 as of its most recent SEC filing.

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.