SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) Sees Strong Trading Volume – What’s Next?

SPDR Portfolio TIPS ETF (NYSEARCA:SPIP) saw an uptick in trading volume on Friday . 724,138 shares were traded during trading, an increase of 290% from the previous session’s volume of 185,637 shares.The stock last traded at $25.66 and had previously closed at $25.64.

SPDR Portfolio TIPS ETF Stock Performance

The company’s 50 day simple moving average is $25.52 and its two-hundred day simple moving average is $25.75.

Institutional Trading of SPDR Portfolio TIPS ETF

Hedge funds have recently made changes to their positions in the business. Wooster Corthell Wealth Management Inc. lifted its position in shares of SPDR Portfolio TIPS ETF by 2.7% during the third quarter. Wooster Corthell Wealth Management Inc. now owns 301,740 shares of the company’s stock worth $7,930,000 after purchasing an additional 8,043 shares in the last quarter. Charles Schwab Trust Co raised its holdings in SPDR Portfolio TIPS ETF by 122.8% in the fourth quarter. Charles Schwab Trust Co now owns 18,467 shares of the company’s stock valued at $467,000 after acquiring an additional 10,179 shares in the last quarter. Creative Planning raised its holdings in SPDR Portfolio TIPS ETF by 6.1% in the second quarter. Creative Planning now owns 26,797 shares of the company’s stock valued at $681,000 after acquiring an additional 1,538 shares in the last quarter. Fulton Breakefield Broenniman LLC raised its holdings in SPDR Portfolio TIPS ETF by 7.9% in the third quarter. Fulton Breakefield Broenniman LLC now owns 61,804 shares of the company’s stock valued at $1,624,000 after acquiring an additional 4,532 shares in the last quarter. Finally, Flagstar Advisors Inc. raised its holdings in SPDR Portfolio TIPS ETF by 2.8% in the third quarter. Flagstar Advisors Inc. now owns 72,125 shares of the company’s stock valued at $1,895,000 after acquiring an additional 1,972 shares in the last quarter.

SPDR Portfolio TIPS ETF Company Profile

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.