SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Get Free Report) shares reached a new 52-week low on Monday . The stock traded as low as $25.31 and last traded at $25.31, with a volume of 22847 shares. The stock had previously closed at $25.35.
SPDR Portfolio TIPS ETF Stock Performance
The business’s 50 day moving average is $25.73 and its two-hundred day moving average is $25.97.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Beacon Financial Strategies CORP bought a new stake in SPDR Portfolio TIPS ETF in the second quarter worth approximately $32,000. CIBC Private Wealth Group LLC boosted its holdings in shares of SPDR Portfolio TIPS ETF by 69.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,375 shares of the company’s stock worth $36,000 after buying an additional 563 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of SPDR Portfolio TIPS ETF during the 4th quarter worth approximately $38,000. Park National Corp OH acquired a new stake in shares of SPDR Portfolio TIPS ETF during the 1st quarter worth approximately $69,000. Finally, Western Wealth Management LLC bought a new stake in shares of SPDR Portfolio TIPS ETF in the 1st quarter valued at $92,000.
SPDR Portfolio TIPS ETF Company 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.
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