SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) Sees Unusually-High Trading Volume – Here’s What Happened

SPDR Bloomberg 1-10 Year TIPS ETF (NYSEARCA:TIPX) saw unusually-high trading volume on Friday . Approximately 437,155 shares traded hands during mid-day trading, an increase of 40% from the previous session’s volume of 311,982 shares.The stock last traded at $19.26 and had previously closed at $19.31.

SPDR Bloomberg 1-10 Year TIPS ETF Price Performance

The company’s 50 day moving average is $19.24 and its 200-day moving average is $19.20.

Hedge Funds Weigh In On SPDR Bloomberg 1-10 Year TIPS ETF

Large investors have recently made changes to their positions in the business. Qube Research & Technologies Ltd lifted its holdings in shares of SPDR Bloomberg 1-10 Year TIPS ETF by 943.5% during the third quarter. Qube Research & Technologies Ltd now owns 2,160 shares of the company’s stock valued at $42,000 after purchasing an additional 1,953 shares during the last quarter. Ballast Advisors LLC purchased a new stake in shares of SPDR Bloomberg 1-10 Year TIPS ETF in the 3rd quarter worth approximately $43,000. Jones Financial Companies Lllp increased its position in SPDR Bloomberg 1-10 Year TIPS ETF by 62.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,529 shares of the company’s stock valued at $49,000 after buying an additional 973 shares in the last quarter. Turtle Creek Wealth Advisors LLC bought a new position in SPDR Bloomberg 1-10 Year TIPS ETF during the 1st quarter valued at approximately $53,000. Finally, PNC Financial Services Group Inc. raised its stake in SPDR Bloomberg 1-10 Year TIPS ETF by 34.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,846 shares of the company’s stock valued at $112,000 after buying an additional 1,489 shares during the last quarter.

About SPDR Bloomberg 1-10 Year TIPS ETF

The SPDR Bloomberg 1-10 Year TIPS ETF (TIPX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of 1-10 years US Treasury Inflation-Protected Securities (TIPS). TIPX was launched on May 29, 2013 and is managed by State Street.