SMH Capital Advisors Inc. Purchases New Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

SMH Capital Advisors Inc. purchased a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,744 shares of the exchange traded fund’s stock, valued at approximately $510,000. iShares TIPS Bond ETF makes up 1.1% of SMH Capital Advisors Inc.’s investment portfolio, making the stock its 10th largest holding.

Other hedge funds and other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. lifted its position in iShares TIPS Bond ETF by 179.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,036,259 shares of the exchange traded fund’s stock valued at $522,361,000 after acquiring an additional 3,232,628 shares in the last quarter. Rock Creek Group LP increased its stake in iShares TIPS Bond ETF by 1,992.9% in the 3rd quarter. Rock Creek Group LP now owns 2,756,361 shares of the exchange traded fund’s stock valued at $285,890,000 after buying an additional 2,624,661 shares during the last quarter. Assetmark Inc. increased its stake in iShares TIPS Bond ETF by 1,511.5% in the 3rd quarter. Assetmark Inc. now owns 2,121,402 shares of the exchange traded fund’s stock valued at $220,032,000 after buying an additional 1,989,759 shares during the last quarter. Qube Research & Technologies Ltd increased its stake in iShares TIPS Bond ETF by 1,655.8% in the 3rd quarter. Qube Research & Technologies Ltd now owns 1,007,239 shares of the exchange traded fund’s stock valued at $104,471,000 after buying an additional 949,872 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in iShares TIPS Bond ETF by 17.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,577,654 shares of the exchange traded fund’s stock valued at $578,524,000 after buying an additional 835,933 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

TIP stock traded down $0.08 during midday trading on Wednesday, hitting $105.88. The company’s stock had a trading volume of 738,639 shares, compared to its average volume of 2,168,021. iShares TIPS Bond ETF has a twelve month low of $101.74 and a twelve month high of $109.99. The company’s fifty day moving average price is $106.47 and its 200 day moving average price is $106.09. The stock has a market capitalization of $18.37 billion, a P/E ratio of 11.86 and a beta of 0.09.

About iShares TIPS Bond ETF

iShares TIPS Bond ETF (the Fund), formerly iShares Barclays Treasury Inflation Protected Securities Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L) (the Index).