iShares High Yield Muni Active ETF (BATS:HIMU) Hits New 1-Year Low – Time to Sell?

iShares High Yield Muni Active ETF (BATS:HIMU) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $46.65 and last traded at $46.6750, with a volume of 412082 shares traded. The stock had previously closed at $46.91.

iShares High Yield Muni Active ETF Stock Down 0.5%

The company’s 50 day moving average price is $48.42 and its 200 day moving average price is $48.62.

Hedge Funds Weigh In On iShares High Yield Muni Active ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Arkadios Wealth Advisors increased its position in shares of iShares High Yield Muni Active ETF by 14.5% during the first quarter. Arkadios Wealth Advisors now owns 13,243 shares of the company’s stock worth $635,000 after acquiring an additional 1,673 shares during the period. Bessemer Group Inc. purchased a new position in iShares High Yield Muni Active ETF in the first quarter valued at $144,000. Manning & Napier Advisors LLC purchased a new position in iShares High Yield Muni Active ETF in the first quarter valued at $255,000. Ascentis Independent Advisors purchased a new position in iShares High Yield Muni Active ETF in the first quarter valued at $33,000. Finally, Janney Montgomery Scott LLC grew its stake in iShares High Yield Muni Active ETF by 5.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 121,906 shares of the company’s stock worth $5,849,000 after purchasing an additional 5,757 shares in 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.