SPDR Portfolio TIPS ETF (NYSEARCA:SPIP – Get Free Report)’s stock price reached a new 52-week low on Wednesday . The company traded as low as $25.27 and last traded at $25.29, with a volume of 46801 shares changing hands. The stock had previously closed at $25.29.
SPDR Portfolio TIPS ETF Price Performance
The firm’s 50 day simple moving average is $25.66 and its 200-day simple moving average is $25.95.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the company. 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 worth $8,974,000 after purchasing an additional 35,433 shares during the period. CWM LLC lifted its holdings in shares of SPDR Portfolio TIPS ETF by 15.4% in the 4th 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 period. Cannon Financial Strategists Inc. boosted its stake in shares of 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 valued at $27,216,000 after buying an additional 47,036 shares in the last quarter. Private Advisor Group LLC boosted its stake in shares of SPDR Portfolio TIPS ETF by 104.8% in the first quarter. Private Advisor Group LLC now owns 298,038 shares of the company’s stock valued at $7,752,000 after buying an additional 152,531 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of SPDR Portfolio TIPS ETF by 7,732.8% in the third quarter. JPMorgan Chase & Co. now owns 25,300 shares of the company’s stock valued at $666,000 after buying an additional 24,977 shares in 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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