iShares iBonds Oct 2032 Term TIPS ETF (OTCMKTS:IBII) Share Price Cross Below 200 Day Moving Average – Here’s Why

iShares iBonds Oct 2032 Term TIPS ETF (OTCMKTS:IBII)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $25.57 and traded as low as $25.10. iShares iBonds Oct 2032 Term TIPS ETF shares last traded at $25.18, with a volume of 6,569 shares changing hands.

iShares iBonds Oct 2032 Term TIPS ETF Stock Performance

The stock has a 50-day simple moving average of $25.75 and a 200-day simple moving average of $25.57.

Institutional Investors Weigh In On iShares iBonds Oct 2032 Term TIPS ETF

An institutional investor recently raised its position in iShares iBonds Oct 2032 Term TIPS ETF stock. Quantum Financial Advisors LLC grew its stake in shares of iShares iBonds Oct 2032 Term TIPS ETF (OTCMKTS:IBII) by 2.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 116,237 shares of the company’s stock after buying an additional 2,575 shares during the quarter. Quantum Financial Advisors LLC owned about 29.06% of iShares iBonds Oct 2032 Term TIPS ETF worth $2,979,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 0.16% of the company’s stock.

About iShares iBonds Oct 2032 Term TIPS ETF

Island Breeze International, Inc, through its subsidiaries, is focused on developing and operating entertainment cruise projects. The Company is evaluating port locations in the United States with a primary focus in the south Florida market. The Company also focuses on various international locations and is evaluating port locations primarily in East Asia for the establishment of cruise operations, with a particular focus on home port locations in the Hong Kong Special Administrative Region of China.