iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) Stock Price Up 0.6% – Here’s Why

iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) shares shot up 0.6% on Tuesday . The company traded as high as $9.5052 and last traded at $9.3850. 663,521 shares traded hands during mid-day trading, a decline of 13% from the average session volume of 758,421 shares. The stock had previously closed at $9.3318.

iShares 25+ Year Treasury STRIPS Bond ETF Trading Up 0.6%

The stock’s 50 day simple moving average is $9.78 and its two-hundred day simple moving average is $9.53.

Institutional Investors Weigh In On iShares 25+ Year Treasury STRIPS Bond ETF

An institutional investor recently raised its position in iShares 25+ Year Treasury STRIPS Bond ETF stock. JPMorgan Chase & Co. increased its position in iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) by 315.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,735 shares of the company’s stock after purchasing an additional 48,400 shares during the period. JPMorgan Chase & Co. owned approximately 0.22% of iShares 25+ Year Treasury STRIPS Bond ETF worth $620,000 at the end of the most recent reporting period.

iShares 25+ Year Treasury STRIPS Bond ETF Company Profile

The iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of US separate trading of registered interest and principal securities (STRIPS), with remaining maturities of at least 25 years.