iShares High Yield Muni Income Active ETF (BATS:HYMU) Share Price Cross Above 200-Day Moving Average – Here’s What Happened

iShares High Yield Muni Income Active ETF (BATS:HYMU)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $22.90 and traded as high as $23.13. iShares High Yield Muni Income Active ETF shares last traded at $23.11, with a volume of 86,561 shares trading hands.

iShares High Yield Muni Income Active ETF Trading Down 0.2 %

The stock’s fifty day moving average price is $22.98 and its 200-day moving average price is $22.90.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Private Trust Co. NA acquired a new position in shares of iShares High Yield Muni Income Active ETF in the 3rd quarter valued at $25,000. Sunbelt Securities Inc. raised its holdings in iShares High Yield Muni Income Active ETF by 710.7% in the 3rd quarter. Sunbelt Securities Inc. now owns 3,932 shares of the company’s stock valued at $91,000 after buying an additional 3,447 shares during the period. WealthCare Investment Partners LLC acquired a new position in iShares High Yield Muni Income Active ETF in the third quarter valued at about $203,000. Kuhn & Co Investment Counsel purchased a new position in iShares High Yield Muni Income Active ETF during the second quarter worth about $211,000. Finally, Ausdal Financial Partners Inc. increased its position in shares of iShares High Yield Muni Income Active ETF by 8.5% during the second quarter. Ausdal Financial Partners Inc. now owns 15,798 shares of the company’s stock valued at $358,000 after acquiring an additional 1,235 shares during the last quarter.

About iShares High Yield Muni Income Active ETF

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.