iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) Stock Price Up 0% – What’s Next?

iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH)’s share price shot up 0% during mid-day trading on Thursday . The stock traded as high as $24.15 and last traded at $24.13. 14,801 shares changed hands during trading, a decline of 77% from the average session volume of 64,807 shares. The stock had previously closed at $24.12.

iShares Interest Rate Hedged Long-Term Corporate Bond ETF Stock Performance

The company has a fifty day moving average price of $24.40 and a 200-day moving average price of $24.35.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares Interest Rate Hedged Long-Term Corporate Bond ETF stock. JPMorgan Chase & Co. purchased a new position in iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 8,544 shares of the company’s stock, valued at approximately $207,000. JPMorgan Chase & Co. owned about 0.19% of iShares Interest Rate Hedged Long-Term Corporate Bond ETF at the end of the most recent reporting period.

About iShares Interest Rate Hedged Long-Term Corporate Bond ETF

The iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds the iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) and uses derivatives to hedge out interest rate risk.