Ameriflex Group Inc. Sells 18,859 Shares of SPDR Portfolio TIPS ETF $SPIP

Ameriflex Group Inc. reduced its stake in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) by 57.8% during the second quarter, HoldingsChannel.com reports. The fund owned 13,787 shares of the company’s stock after selling 18,859 shares during the quarter. Ameriflex Group Inc.’s holdings in SPDR Portfolio TIPS ETF were worth $359,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Realta Investment Advisors increased its holdings in SPDR Portfolio TIPS ETF by 60.7% in the 1st quarter. Realta Investment Advisors now owns 1,671 shares of the company’s stock valued at $44,000 after acquiring an additional 631 shares during the last quarter. Wealthcare Advisory Partners LLC increased its holdings in shares of SPDR Portfolio TIPS ETF by 0.8% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 99,470 shares of the company’s stock worth $2,624,000 after buying an additional 773 shares during the last quarter. Private Trust Co. NA increased its holdings in shares of SPDR Portfolio TIPS ETF by 35.4% in the 1st quarter. Private Trust Co. NA now owns 3,073 shares of the company’s stock worth $81,000 after buying an additional 804 shares during the last quarter. Jacobi Capital Management LLC increased its holdings in shares of SPDR Portfolio TIPS ETF by 2.2% in the 1st quarter. Jacobi Capital Management LLC now owns 40,795 shares of the company’s stock worth $1,076,000 after buying an additional 880 shares during the last quarter. Finally, Montag A & Associates Inc. bought a new stake in shares of SPDR Portfolio TIPS ETF in the 1st quarter worth about $29,000.

SPDR Portfolio TIPS ETF Stock Performance

SPDR Portfolio TIPS ETF stock opened at $26.26 on Friday. The company’s 50-day moving average price is $26.23 and its 200-day moving average price is $26.01. SPDR Portfolio TIPS ETF has a twelve month low of $25.19 and a twelve month high of $26.58.

SPDR Portfolio TIPS ETF Profile

The SPDR Portfolio TIPS ETF (SPIP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of inflation-protected US Treasurys with a remaining maturity of at least one year. SPIP was launched on May 25, 2007 and is managed by State Street.