Global X Interest Rate Hedge ETF (NYSEARCA:IRHG – Get Free Report)’s share price dropped 0.6% during trading on Thursday . The company traded as low as $17.3150 and last traded at $17.3150. Approximately 494 shares traded hands during trading, an increase of 157% from the average daily volume of 192 shares. The stock had previously closed at $17.4250.
Global X Interest Rate Hedge ETF Price Performance
The stock’s 50-day moving average is $17.32 and its 200 day moving average is $17.40.
About Global X Interest Rate Hedge ETF
The Global X Interest Rate Hedge ETF (RATE) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is an actively managed fund, using over-the-counter swaptions, which seeks to provide a hedge against sharp increases in long-term US interest rates. The fund is also expected to benefit during periods of market stress when interest rate volatility rises. RATE was launched on Jul 5, 2022 and is managed by Global X.
Read More
- Five stocks we like better than Global X Interest Rate Hedge ETF
- The Crash Has Already Started (Most Just Don’t See It Yet)
- Trump’s AI Secret: 100X Faster Than Nvidia
- Trump Planning to Use Public Law 63-43: Prepare Now
- Do not delete, read immediately
- How a Family Trust May Be Able To Help Preserve Your Wealth
Receive News & Ratings for Global X Interest Rate Hedge ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Interest Rate Hedge ETF and related companies with MarketBeat.com's FREE daily email newsletter.
