GraniteShares HIPS US High Income ETF (NYSEARCA:HIPS – Get Free Report) shares were down 0.4% during trading on Friday . The stock traded as low as $11.80 and last traded at $11.81. Approximately 48,504 shares changed hands during trading, a decline of 9% from the average daily volume of 53,317 shares. The stock had previously closed at $11.86.
GraniteShares HIPS US High Income ETF Stock Performance
The company has a 50 day moving average of $11.73 and a two-hundred day moving average of $12.00. The stock has a market capitalization of $113.97 million, a PE ratio of 11.61 and a beta of 0.78.
Institutional Investors Weigh In On GraniteShares HIPS US High Income ETF
Large investors have recently modified their holdings of the business. Private Advisor Group LLC raised its position in shares of GraniteShares HIPS US High Income ETF by 3.2% in the 3rd quarter. Private Advisor Group LLC now owns 80,966 shares of the company’s stock valued at $955,000 after purchasing an additional 2,531 shares during the last quarter. Orion Porfolio Solutions LLC grew its position in GraniteShares HIPS US High Income ETF by 11.7% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 68,412 shares of the company’s stock worth $807,000 after purchasing an additional 7,173 shares during the last quarter. Wealthcare Advisory Partners LLC increased its stake in GraniteShares HIPS US High Income ETF by 80.5% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 49,693 shares of the company’s stock valued at $586,000 after purchasing an additional 22,168 shares in the last quarter. Stratos Wealth Partners LTD. purchased a new position in shares of GraniteShares HIPS US High Income ETF in the third quarter worth $195,000. Finally, Stratos Wealth Advisors LLC purchased a new position in shares of GraniteShares HIPS US High Income ETF in the third quarter worth $127,000.
GraniteShares HIPS US High Income ETF Company Profile
The GraniteShares HIPS US High Income ETF (HIPS) is an exchange-traded fund that is based on the TFMS HIPS index. The fund tracks an index of assets that tend to produce high income and pass through that income without being taxed at the constituent level. These include REITs, MLPs, BDCs and debt-based closed-end funds. HIPS was launched on Jan 6, 2015 and is managed by GraniteShares.
See Also
- Five stocks we like better than GraniteShares HIPS US High Income ETF
- 3 REITs to Buy and Hold for the Long Term
- Nike Beats on Earnings But Struggles in China and Faces Tariffs
- The Significance of Brokerage Rankings in Stock Selection
- Is the AI Boom a Bubble? These 2 Dividend Stocks Say No
- How to Use High Beta Stocks to Maximize Your Investing Profits
- 4 High-Potential ETFs for 2026: Small Caps, Space Stocks, and More
Receive News & Ratings for GraniteShares HIPS US High Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares HIPS US High Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
