Raymond James Financial Services Advisors Inc. Cuts Stock Position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Raymond James Financial Services Advisors Inc. decreased its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIPFree Report) by 3.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 255,133 shares of the company’s stock after selling 9,295 shares during the period. Raymond James Financial Services Advisors Inc. owned approximately 0.40% of SPDR Portfolio TIPS ETF worth $6,524,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Coppell Advisory Solutions LLC purchased a new position in shares of SPDR Portfolio TIPS ETF in the second quarter worth $25,000. Coppell Advisory Solutions Corp. purchased a new position in SPDR Portfolio TIPS ETF in the 4th quarter worth about $36,000. Harbour Investments Inc. lifted its stake in SPDR Portfolio TIPS ETF by 236.2% during the 1st quarter. Harbour Investments Inc. now owns 2,071 shares of the company’s stock valued at $55,000 after acquiring an additional 1,455 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of SPDR Portfolio TIPS ETF by 36.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,167 shares of the company’s stock worth $56,000 after acquiring an additional 574 shares during the period. Finally, Comerica Bank purchased a new stake in SPDR Portfolio TIPS ETF during the 3rd quarter valued at $100,000.

SPDR Portfolio TIPS ETF Stock Performance

SPDR Portfolio TIPS ETF stock opened at $25.40 on Thursday. The business has a 50-day simple moving average of $25.54 and a two-hundred day simple moving average of $25.29. SPDR Portfolio TIPS ETF has a 52-week low of $24.33 and a 52-week high of $26.74.

SPDR Portfolio TIPS ETF Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding SPIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio TIPS ETF (NYSEARCA:SPIPFree Report).

Institutional Ownership by Quarter for SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Receive News & Ratings for SPDR Portfolio TIPS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio TIPS ETF and related companies with MarketBeat.com's FREE daily email newsletter.