Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) Sees Strong Trading Volume – Time to Buy?

Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIPGet Free Report) saw unusually-strong trading volume on Monday . Approximately 664,922 shares traded hands during trading, an increase of 95% from the previous session’s volume of 340,303 shares.The stock last traded at $100.16 and had previously closed at $100.14.

Global X 1-3 Month T-Bill ETF Trading Up 0.0%

The business has a fifty day moving average price of $100.20 and a 200 day moving average price of $100.22.

Institutional Investors Weigh In On Global X 1-3 Month T-Bill ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wells Fargo & Company MN purchased a new position in shares of Global X 1-3 Month T-Bill ETF in the 4th quarter worth about $65,000. Center for Financial Planning Inc. purchased a new stake in shares of Global X 1-3 Month T-Bill ETF during the 4th quarter worth about $113,000. Creekmur Asset Management LLC acquired a new stake in Global X 1-3 Month T-Bill ETF during the 2nd quarter worth approximately $118,000. Geneos Wealth Management Inc. acquired a new stake in Global X 1-3 Month T-Bill ETF during the 1st quarter worth approximately $146,000. Finally, Avise Financial Cooperative Inc. acquired a new stake in Global X 1-3 Month T-Bill ETF during the 4th quarter worth approximately $216,000.

Global X 1-3 Month T-Bill ETF Company Profile

(Get Free Report)

The Global X 1-3 Month T-Bill ETF (CLIP) is an exchange-traded fund that is based on the Solactive 1-3 month US T-Bill – USD index. The fund tracks a market value-weighted index of USD-denominated, zero-coupon US Treasury bills with a time to maturity of one to three months. CLIP was launched on Jun 20, 2023 and is managed by Global X.

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