iShares High Yield Muni Income Active ETF (BATS:HYMU) Stock Price Down 0.3% – Here’s Why

iShares High Yield Muni Income Active ETF (BATS:HYMU) were down 0.3% on Friday . The company traded as low as $22.10 and last traded at $22.12. Approximately 287,038 shares were traded during trading, an increase of 151% from the average daily volume of 114,555 shares. The stock had previously closed at $22.19.

iShares High Yield Muni Income Active ETF Stock Performance

The firm’s fifty day moving average price is $22.39 and its 200-day moving average price is $22.30.

Institutional Trading of iShares High Yield Muni Income Active ETF

An institutional investor recently bought a new position in iShares High Yield Muni Income Active ETF stock. Weitzel Financial Services Inc. acquired a new stake in iShares High Yield Muni Income Active ETF (BATS:HYMU) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 9,470 shares of the company’s stock, valued at approximately $209,000. Weitzel Financial Services Inc. owned 0.21% of iShares High Yield Muni Income Active ETF at the end of the most recent reporting period.

iShares High Yield Muni Income Active ETF Company Profile

The BlackRock High Yield Muni Income Bond ETF (HYMU) is an exchange-traded fund that is based on the BBG Barc Custom Blend index. The fund is actively managed to provide exposure to primarily high-yield US municipal bonds that are exempt from federal income tax. HYMU was launched on Mar 16, 2021 and is managed by BlackRock.