iShares National Muni Bond ETF Target of Unusually Large Options Trading (NYSEARCA:MUB)

iShares National Muni Bond ETF (NYSEARCA:MUB) saw unusually large options trading activity on Tuesday. Investors purchased 10,015 put options on the stock. This is an increase of approximately 285% compared to the typical daily volume of 2,602 put options.

iShares National Muni Bond ETF Stock Performance

Shares of iShares National Muni Bond ETF stock opened at $102.37 on Wednesday. The stock’s 50 day simple moving average is $106.13 and its 200-day simple moving average is $106.84. iShares National Muni Bond ETF has a 1-year low of $101.98 and a 1-year high of $108.81.

Hedge Funds Weigh In On iShares National Muni Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of MUB. Integrity Financial Corp WA purchased a new position in shares of iShares National Muni Bond ETF during the 4th quarter worth $25,000. Advantage Trust Co acquired a new position in iShares National Muni Bond ETF in the fourth quarter valued at about $26,000. Kohmann Bosshard Financial Services LLC purchased a new position in iShares National Muni Bond ETF during the fourth quarter worth about $26,000. National Bank of Canada FI increased its position in shares of iShares National Muni Bond ETF by 346.7% during the fourth quarter. National Bank of Canada FI now owns 268 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 208 shares during the last quarter. Finally, New Millennium Group LLC raised its stake in shares of iShares National Muni Bond ETF by 103.5% in the 4th quarter. New Millennium Group LLC now owns 291 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 148 shares during the period.

iShares National Muni Bond ETF Company Profile

iShares National AMT-Free Muni Bond ETF (the Fund), formerly iShares S&P National AMT-Free Municipal Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P National AMT-Free Municipal Bond Index (the Index).