iShares High Yield Muni Active ETF (BATS:HIMU) Hits New 12-Month Low – Time to Sell?

iShares High Yield Muni Active ETF (BATS:HIMU)’s share price reached a new 52-week low on Thursday . The company traded as low as $47.44 and last traded at $47.46, with a volume of 307614 shares trading hands. The stock had previously closed at $47.59.

iShares High Yield Muni Active ETF Stock Performance

The stock’s 50 day moving average price is $48.72 and its two-hundred day moving average price is $48.71.

Institutional Investors Weigh In On iShares High Yield Muni Active ETF

Hedge funds have recently modified their holdings of the company. Ameriprise Financial Inc. grew its holdings in iShares High Yield Muni Active ETF by 81.8% in the third quarter. Ameriprise Financial Inc. now owns 385,541 shares of the company’s stock valued at $18,961,000 after purchasing an additional 173,456 shares during the period. J.Safra Asset Management Corp purchased a new stake in shares of iShares High Yield Muni Active ETF during the 4th quarter valued at $7,888,000. Tolleson Wealth Management Inc. increased its holdings in shares of iShares High Yield Muni Active ETF by 12.8% during the 2nd quarter. Tolleson Wealth Management Inc. now owns 464,974 shares of the company’s stock worth $22,612,000 after buying an additional 52,581 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of iShares High Yield Muni Active ETF by 70.5% in the 3rd quarter. NewEdge Advisors LLC now owns 122,774 shares of the company’s stock worth $6,039,000 after buying an additional 50,759 shares during the period. Finally, Janney Montgomery Scott LLC boosted its holdings in iShares High Yield Muni Active ETF by 21.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 116,149 shares of the company’s stock valued at $5,654,000 after acquiring an additional 20,794 shares during the last quarter.

iShares High Yield Muni Active ETF Company Profile

The iShares High Yield Muni Active ETF (HIMU) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, seeking to provide a high level of income exempt from federal income tax through high-yield US municipal bonds. HIMU was launched on Feb 7, 2025 and is issued by BlackRock.