Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Get Free Report) hit a new 52-week low on Monday . The company traded as low as $25.02 and last traded at $25.02, with a volume of 311516 shares. The stock had previously closed at $25.07.
SPDR Portfolio TIPS ETF Stock Performance
The stock’s 50-day moving average is $25.38 and its 200-day moving average is $25.84.
Hedge Funds Weigh In On SPDR Portfolio TIPS ETF
Several large investors have recently bought and sold shares of SPIP. Jones Financial Companies Lllp boosted its stake in SPDR Portfolio TIPS ETF by 36.5% in the first quarter. Jones Financial Companies Lllp now owns 8,310 shares of the company’s stock valued at $219,000 after acquiring an additional 2,220 shares during the last quarter. Jane Street Group LLC increased its stake in shares of SPDR Portfolio TIPS ETF by 267.0% during the 1st quarter. Jane Street Group LLC now owns 80,284 shares of the company’s stock worth $2,118,000 after purchasing an additional 58,406 shares during the last quarter. State Street Corp raised its holdings in shares of SPDR Portfolio TIPS ETF by 114.9% in the 2nd quarter. State Street Corp now owns 3,783,799 shares of the company’s stock worth $98,606,000 after purchasing an additional 2,022,696 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of SPDR Portfolio TIPS ETF by 7,732.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 25,300 shares of the company’s stock worth $666,000 after purchasing an additional 24,977 shares during the period. Finally, Comerica Bank lifted its stake in SPDR Portfolio TIPS ETF by 5.9% in the third quarter. Comerica Bank now owns 36,820 shares of the company’s stock valued at $969,000 after purchasing an additional 2,046 shares during the last quarter.
About SPDR Portfolio TIPS ETF
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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