SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Sees Strong Trading Volume – Here’s Why

Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) saw unusually-high trading volume on Thursday . Approximately 301,623 shares changed hands 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 Trading Down 0.2%

The firm has a fifty day moving average price of $26.13 and a 200-day moving average price of $26.14.

Institutional Trading of SPDR Portfolio TIPS ETF

Large investors have recently made changes to their positions in the company. Jones Financial Companies Lllp boosted its holdings in shares of SPDR Portfolio TIPS ETF by 36.5% in the 1st quarter. Jones Financial Companies Lllp now owns 8,310 shares of the company’s stock valued at $219,000 after purchasing an additional 2,220 shares in the last quarter. Jane Street Group LLC grew its position in SPDR Portfolio TIPS ETF by 267.0% in the first quarter. Jane Street Group LLC now owns 80,284 shares of the company’s stock valued at $2,118,000 after acquiring an additional 58,406 shares during the last quarter. State Street Corp raised its stake in SPDR Portfolio TIPS ETF by 114.9% during the second quarter. State Street Corp now owns 3,783,799 shares of the company’s stock worth $98,606,000 after acquiring an additional 2,022,696 shares in the last quarter. SeaBridge Investment Advisors LLC lifted its holdings in shares of SPDR Portfolio TIPS ETF by 82.8% in the third quarter. SeaBridge Investment Advisors LLC now owns 295,385 shares of the company’s stock worth $7,773,000 after acquiring an additional 133,799 shares during the last quarter. Finally, ORG Partners LLC acquired a new stake in shares of SPDR Portfolio TIPS ETF in the 3rd quarter valued at approximately $141,000.

About SPDR Portfolio TIPS ETF

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.