First Horizon Advisors Inc. Has $744,000 Stock Holdings in CP High Yield Trend ETF (NYSEARCA:HYTR)

First Horizon Advisors Inc. increased its holdings in CP High Yield Trend ETF (NYSEARCA:HYTR) by 21.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 34,232 shares of the company’s stock after buying an additional 5,987 shares during the quarter. First Horizon Advisors Inc. owned about 0.09% of CP High Yield Trend ETF worth $744,000 at the end of the most recent reporting period.

Separately, JPMorgan Chase & Co. acquired a new stake in shares of CP High Yield Trend ETF during the third quarter worth approximately $140,000.

CP High Yield Trend ETF Stock Up 0.1 %

NYSEARCA HYTR opened at $22.02 on Tuesday. The company has a 50 day moving average of $21.89 and a 200-day moving average of $21.97. CP High Yield Trend ETF has a 1-year low of $21.01 and a 1-year high of $24.26.

About CP High Yield Trend ETF

The CP High Yield Trend ETF (HYTR) is an exchange-traded fund that is based on the CP High Yield Trend index. The fund aims to reduce risk by tracking a rules-based quantitative index of US bonds that will toggling between high yield and treasuries based on momentum. HYTR was launched on Jan 21, 2020 and is managed by Counterpoint.