iShares Flexible Income Active ETF (NYSEARCA:BINC) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its position in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 36.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,751,055 shares of the company’s stock after purchasing an additional 2,882,989 shares during the quarter. JPMorgan Chase & Co. owned about 18.99% of iShares Flexible Income Active ETF worth $559,270,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Vantage Financial Partners LLC acquired a new stake in shares of iShares Flexible Income Active ETF during the 4th quarter worth about $9,211,000. Global Wealth Strategies & Associates boosted its stake in iShares Flexible Income Active ETF by 18,380.9% during the fourth quarter. Global Wealth Strategies & Associates now owns 138,607 shares of the company’s stock worth $7,210,000 after buying an additional 137,857 shares during the period. Bank of New York Mellon Corp increased its position in shares of iShares Flexible Income Active ETF by 11.2% during the fourth quarter. Bank of New York Mellon Corp now owns 1,007,819 shares of the company’s stock valued at $52,427,000 after acquiring an additional 101,880 shares during the last quarter. Hanseatic Management Services Inc. purchased a new stake in shares of iShares Flexible Income Active ETF in the 4th quarter valued at approximately $4,591,000. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of iShares Flexible Income Active ETF by 5.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 1,208,604 shares of the company’s stock worth $62,872,000 after acquiring an additional 60,540 shares during the last quarter.

iShares Flexible Income Active ETF Trading Up 0.2 %

iShares Flexible Income Active ETF stock opened at $52.35 on Friday. The firm has a 50 day moving average price of $52.44 and a 200 day moving average price of $52.60. iShares Flexible Income Active ETF has a fifty-two week low of $51.53 and a fifty-two week high of $53.57.

iShares Flexible Income Active ETF Company Profile

The BlackRock Flexible Income ETF (BINC) is an exchange-traded fund that mostly invests in high yield fixed income. The fund provides an actively managed approach to multisector fixed-income exposure globally. It may hold debt and income-producing securities, of any credit quality or maturity, with the objective of maximizing long-term income and capital appreciation.