Raymond James Financial Services Advisors Inc. Sells 9,295 Shares of SPDR Portfolio TIPS ETF (NYSEARCA:SPIP)

Raymond James Financial Services Advisors Inc. reduced its position in SPDR Portfolio TIPS ETF (NYSEARCA:SPIPFree Report) by 3.5% during the fourth quarter, according to its most recent 13F filing with the 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.’s holdings in SPDR Portfolio TIPS ETF were worth $6,524,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Coppell Advisory Solutions LLC acquired a new position in shares of SPDR Portfolio TIPS ETF during the second quarter worth $25,000. Coppell Advisory Solutions Corp. acquired a new position in SPDR Portfolio TIPS ETF during the 4th quarter valued at about $36,000. Harbour Investments Inc. increased its position 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 buying an additional 1,455 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in 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 valued at $56,000 after buying an additional 574 shares during the last quarter. Finally, Comerica Bank acquired a new stake in SPDR Portfolio TIPS ETF in the third quarter worth about $100,000.

SPDR Portfolio TIPS ETF Stock Performance

Shares of SPIP stock opened at $25.40 on Thursday. The stock’s 50-day simple moving average is $25.54 and its 200-day simple moving average is $25.29. SPDR Portfolio TIPS ETF has a fifty-two week low of $24.33 and a fifty-two week high of $26.74.

SPDR Portfolio TIPS ETF Company 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.

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

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