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

SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) shares saw an uptick in trading volume on Thursday . 301,623 shares were traded during trading, an increase of 16% from the previous session’s volume of 259,237 shares.The stock last traded at $26.08 and had previously closed at $26.09.

SPDR Portfolio TIPS ETF Price Performance

The stock’s 50-day moving average price is $26.13 and its 200-day moving average price is $26.14.

Institutional Trading of SPDR Portfolio TIPS ETF

Large investors have recently bought and sold shares of the business. State Street Corp lifted its stake 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 valued at $98,606,000 after purchasing an additional 2,022,696 shares during the period. CWM LLC increased its holdings 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 worth $106,011,000 after purchasing an additional 543,940 shares in the last quarter. Procyon Advisors LLC bought a new stake in SPDR Portfolio TIPS ETF in the third quarter worth approximately $5,080,000. Private Advisor Group LLC lifted its stake in 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 during the period. Finally, SeaBridge Investment Advisors LLC boosted its holdings in shares of SPDR Portfolio TIPS ETF by 82.8% during the 3rd quarter. SeaBridge Investment Advisors LLC now owns 295,385 shares of the company’s stock worth $7,773,000 after buying an additional 133,799 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.