iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Reaches New 12-Month High – Here’s Why

Posted by Adam Masters on Dec 19th, 2024

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $50.59 and last traded at $50.59, with a volume of 2151469 shares changing hands. The stock had previously closed at $50.55.

iShares Ultra Short-Term Bond Active ETF Stock Performance

The stock has a 50 day moving average of $50.57 and a 200 day moving average of $50.55.

Hedge Funds Weigh In On iShares Ultra Short-Term Bond Active ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Rosenberg Matthew Hamilton lifted its position in iShares Ultra Short-Term Bond Active ETF by 159.0% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 650 shares of the company’s stock valued at $33,000 after purchasing an additional 399 shares during the last quarter. Western Pacific Wealth Management LP acquired a new stake in shares of iShares Ultra Short-Term Bond Active ETF in the third quarter valued at approximately $51,000. Castleview Partners LLC acquired a new stake in shares of iShares Ultra Short-Term Bond Active ETF in the third quarter valued at approximately $86,000. Assetmark Inc. raised its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 48.7% during the third quarter. Assetmark Inc. now owns 2,210 shares of the company’s stock valued at $112,000 after buying an additional 724 shares during the last quarter. Finally, Blue Trust Inc. boosted its position in shares of iShares Ultra Short-Term Bond Active ETF by 81.8% during the third quarter. Blue Trust Inc. now owns 3,723 shares of the company’s stock worth $188,000 after buying an additional 1,675 shares during the period.

iShares Ultra Short-Term Bond Active ETF Company Profile

(Get Free Report)

The iShares Ultra Short-Term Bond ETF (ICSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in broad market, investment-grade bonds with ultra-short-term maturity. ICSH was launched on Dec 11, 2013 and is managed by BlackRock.