International Assets Investment Management LLC Boosts Holdings in GraniteShares HIPS US High Income ETF (NYSEARCA:HIPS)

International Assets Investment Management LLC lifted its position in GraniteShares HIPS US High Income ETF (NYSEARCA:HIPS) by 1,198.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,984 shares of the company’s stock after purchasing an additional 11,984 shares during the quarter. International Assets Investment Management LLC owned about 0.23% of GraniteShares HIPS US High Income ETF worth $1,690,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in HIPS. Stratos Wealth Advisors LLC lifted its position in GraniteShares HIPS US High Income ETF by 7.1% during the third quarter. Stratos Wealth Advisors LLC now owns 12,527 shares of the company’s stock valued at $163,000 after purchasing an additional 827 shares during the last quarter. RHS Financial LLC lifted its holdings in shares of GraniteShares HIPS US High Income ETF by 7.7% during the 2nd quarter. RHS Financial LLC now owns 31,631 shares of the company’s stock worth $405,000 after acquiring an additional 2,260 shares during the last quarter. Aurora Private Wealth Inc. grew its position in GraniteShares HIPS US High Income ETF by 9.2% in the second quarter. Aurora Private Wealth Inc. now owns 51,816 shares of the company’s stock worth $664,000 after acquiring an additional 4,371 shares in the last quarter. Private Advisor Group LLC increased its stake in GraniteShares HIPS US High Income ETF by 266.1% in the third quarter. Private Advisor Group LLC now owns 52,452 shares of the company’s stock valued at $681,000 after acquiring an additional 38,125 shares during the last quarter. Finally, SimpliFi Inc. increased its stake in GraniteShares HIPS US High Income ETF by 2.6% in the second quarter. SimpliFi Inc. now owns 511,577 shares of the company’s stock valued at $6,553,000 after acquiring an additional 12,724 shares during the last quarter.

GraniteShares HIPS US High Income ETF Stock Down 0.1 %

Shares of HIPS stock opened at $12.69 on Monday. The business has a 50-day moving average price of $12.92 and a two-hundred day moving average price of $12.83. GraniteShares HIPS US High Income ETF has a 12-month low of $11.73 and a 12-month high of $13.22. The firm has a market cap of $72.97 million, a P/E ratio of 0.86 and a beta of 0.49.

About GraniteShares HIPS US High Income ETF

The GraniteShares HIPS US High Income ETF (HIPS) is an exchange-traded fund that is based on the TFMS HIPS index. The fund tracks an index of assets that tend to produce high income and pass through that income without being taxed at the constituent level. These include REITs, MLPs, BDCs and debt-based closed-end funds.