SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Sees Strong Trading Volume – What’s Next?

SPDR Portfolio TIPS ETF (NYSEARCA:SPIPGet Free Report) saw an uptick in trading volume on Thursday . 916,647 shares were traded during mid-day trading, an increase of 195% from the previous session’s volume of 310,206 shares.The stock last traded at $25.69 and had previously closed at $25.61.

SPDR Portfolio TIPS ETF Price Performance

The stock has a fifty day simple moving average of $25.99 and a two-hundred day simple moving average of $26.06.

Hedge Funds Weigh In On SPDR Portfolio TIPS ETF

A number of institutional investors have recently made changes to their positions in the business. Western Wealth Management LLC acquired a new position in shares of SPDR Portfolio TIPS ETF in the 1st quarter valued at approximately $92,000. D.A. Davidson & CO. acquired a new position in shares of SPDR Portfolio TIPS ETF in the 1st quarter valued at approximately $239,000. Bank of New York Mellon Corp raised its position in shares of SPDR Portfolio TIPS ETF by 1.3% in the 1st quarter. Bank of New York Mellon Corp now owns 128,641 shares of the company’s stock valued at $3,346,000 after purchasing an additional 1,680 shares in the last quarter. Sanctuary Advisors LLC raised its position in shares of SPDR Portfolio TIPS ETF by 2.1% in the 1st quarter. Sanctuary Advisors LLC now owns 34,126 shares of the company’s stock valued at $888,000 after purchasing an additional 711 shares in the last quarter. Finally, Integrity Wealth Solutions LLC raised its position in shares of SPDR Portfolio TIPS ETF by 4.9% in the 1st quarter. Integrity Wealth Solutions LLC now owns 107,253 shares of the company’s stock valued at $2,790,000 after purchasing an additional 4,963 shares in the last quarter.

About SPDR Portfolio TIPS ETF

(Get Free Report)

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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