JPMorgan Chase & Co. Acquires New Stake in iShares High Yield Corporate Bond BuyWrite Strategy ETF (BATS:HYGW)

JPMorgan Chase & Co. bought a new position in iShares High Yield Corporate Bond BuyWrite Strategy ETF (BATS:HYGW) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 117,492 shares of the company’s stock, valued at approximately $3,733,000. JPMorgan Chase & Co. owned 6.09% of iShares High Yield Corporate Bond BuyWrite Strategy ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in HYGW. First Horizon Advisors Inc. purchased a new stake in shares of iShares High Yield Corporate Bond BuyWrite Strategy ETF during the 4th quarter worth $58,000. PSI Advisors LLC purchased a new stake in iShares High Yield Corporate Bond BuyWrite Strategy ETF during the fourth quarter worth about $48,000. Finally, Private Trust Co. NA grew its position in iShares High Yield Corporate Bond BuyWrite Strategy ETF by 34.5% during the fourth quarter. Private Trust Co. NA now owns 2,267 shares of the company’s stock worth $72,000 after buying an additional 582 shares during the period.

iShares High Yield Corporate Bond BuyWrite Strategy ETF Trading Up 1.4 %

Shares of iShares High Yield Corporate Bond BuyWrite Strategy ETF stock opened at $30.85 on Monday. The company has a 50-day moving average of $31.31 and a two-hundred day moving average of $31.88. The stock has a market cap of $219.96 million, a PE ratio of 10.43 and a beta of 0.25. iShares High Yield Corporate Bond BuyWrite Strategy ETF has a 12-month low of $29.66 and a 12-month high of $33.07.

iShares High Yield Corporate Bond BuyWrite Strategy ETF Profile

The iShares High Yield Corporate Bond Buywrite Strategy ETF (HYGW) is an exchange-traded fund that is based on the Cboe HYG BuyWrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares High Yield Corporate Bond ETF and writing one-month call options against the shares.