iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR) Trading 0.2% Higher – Should You Buy?

iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR)’s share price shot up 0.2% during mid-day trading on Wednesday . The stock traded as high as $87.46 and last traded at $87.42. 45,904 shares changed hands during mid-day trading, an increase of 482% from the average session volume of 7,883 shares. The stock had previously closed at $87.22.

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

The business’s fifty day moving average is $88.16 and its 200-day moving average is $89.03. The firm has a market cap of $74.31 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. grew its holdings in shares of iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR) by 7.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 106,320 shares of the company’s stock after acquiring an additional 7,199 shares during the period. Ameriprise Financial Inc. owned about 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.