SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Get Free Report) shares hit a new 52-week low on Wednesday . The stock traded as low as $25.39 and last traded at $25.39, with a volume of 58382 shares traded. The stock had previously closed at $25.68.
SPDR Portfolio TIPS ETF Stock Performance
The business has a 50 day moving average of $25.86 and a two-hundred day moving average of $26.01.
Institutional Trading of SPDR Portfolio TIPS ETF
Institutional investors have recently made changes to their positions in the business. ERn Financial LLC increased its position in SPDR Portfolio TIPS ETF by 11.4% during the 4th quarter. ERn Financial LLC now owns 345,832 shares of the company’s stock valued at $8,974,000 after buying an additional 35,433 shares in the last quarter. CWM LLC raised its stake in SPDR Portfolio TIPS ETF by 15.4% in the fourth quarter. CWM LLC now owns 4,085,211 shares of the company’s stock valued at $106,011,000 after buying an additional 543,940 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management boosted its holdings in SPDR Portfolio TIPS ETF by 356.7% in the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 52,600 shares of the company’s stock worth $1,384,000 after acquiring an additional 41,082 shares in the last quarter. Cannon Financial Strategists Inc. boosted its holdings in SPDR Portfolio TIPS ETF by 4.7% in the fourth quarter. Cannon Financial Strategists Inc. now owns 1,048,771 shares of the company’s stock worth $27,216,000 after acquiring an additional 47,036 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of SPDR Portfolio TIPS ETF by 7,732.8% during the third quarter. JPMorgan Chase & Co. now owns 25,300 shares of the company’s stock worth $666,000 after acquiring an additional 24,977 shares during the last quarter.
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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