iShares International High Yield Bond ETF (BATS:HYXU) Stock Price Up 18.5% – What’s Next?

iShares International High Yield Bond ETF (BATS:HYXU)’s stock price rose 18.5% on Wednesday . The stock traded as high as $46.72 and last traded at $54.99. Approximately 2,447 shares changed hands during trading, a decline of 57% from the average daily volume of 5,632 shares. The stock had previously closed at $46.39.

iShares International High Yield Bond ETF Stock Up 18.5%

The firm’s fifty day moving average price is $53.15 and its 200 day moving average price is $50.18.

Institutional Trading of iShares International High Yield Bond ETF

An institutional investor recently raised its position in iShares International High Yield Bond ETF stock. Bank of New York Mellon Corp grew its stake in shares of iShares International High Yield Bond ETF (BATS:HYXU) by 11.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,686 shares of the company’s stock after purchasing an additional 606 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.63% of iShares International High Yield Bond ETF worth $280,000 as of its most recent filing with the Securities and Exchange Commission.

iShares International High Yield Bond ETF Company Profile

The iShares International High Yield Bond ETF (HYXU) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index comprised of high yield bonds from developed markets ex-US Dollar. HYXU was launched on Apr 3, 2012 and is managed by BlackRock.