RiverFront Investment Group LLC Takes Position in iShares High Yield Corporate Bond BuyWrite Strategy ETF (BATS:HYGW)

RiverFront Investment Group LLC bought a new position in shares of iShares High Yield Corporate Bond BuyWrite Strategy ETF (BATS:HYGW) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 12,085 shares of the company’s stock, valued at approximately $384,000. RiverFront Investment Group LLC owned approximately 0.63% of iShares High Yield Corporate Bond BuyWrite Strategy ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. bought a new stake in iShares High Yield Corporate Bond BuyWrite Strategy ETF during the 4th quarter worth approximately $3,733,000. Private Trust Co. NA boosted its position in shares of iShares High Yield Corporate Bond BuyWrite Strategy ETF by 34.5% during the fourth quarter. Private Trust Co. NA now owns 2,267 shares of the company’s stock valued at $72,000 after buying an additional 582 shares during the last quarter. First Horizon Advisors Inc. bought a new stake in iShares High Yield Corporate Bond BuyWrite Strategy ETF during the fourth quarter worth $58,000. Finally, PSI Advisors LLC bought a new stake in iShares High Yield Corporate Bond BuyWrite Strategy ETF during the fourth quarter worth $48,000.

iShares High Yield Corporate Bond BuyWrite Strategy ETF Trading Down 1.4 %

Shares of BATS:HYGW opened at $31.45 on Friday. The stock has a market cap of $223.29 million, a PE ratio of 10.88 and a beta of 0.27. The stock’s fifty day simple moving average is $31.70 and its two-hundred day simple moving average is $32.11. iShares High Yield Corporate Bond BuyWrite Strategy ETF has a 1-year low of $31.21 and a 1-year high of $33.68.

About iShares High Yield Corporate Bond BuyWrite Strategy ETF

The iShares High Yield Corporate Bond Buywrite Strategy ETF (HYGW) is an exchange-traded fund that is based on the Cboe HYG BuyWrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares High Yield Corporate Bond ETF and writing one-month call options against the shares.