Global X Interest Rate Hedge ETF (NYSEARCA:IRHG – Get Free Report) traded down 0.6% during mid-day trading on Thursday . The company traded as low as $17.32 and last traded at $17.32. 494 shares were traded during trading, an increase of 157% from the average session volume of 192 shares. The stock had previously closed at $17.43.
Global X Interest Rate Hedge ETF Trading Down 0.6%
The stock’s fifty day moving average is $17.38 and its 200-day moving average is $18.25.
Global X Interest Rate Hedge ETF Company Profile
The Global X Interest Rate Hedge ETF (RATE) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is an actively managed fund, using over-the-counter swaptions, which seeks to provide a hedge against sharp increases in long-term US interest rates. The fund is also expected to benefit during periods of market stress when interest rate volatility rises.
Further Reading
- Five stocks we like better than Global X Interest Rate Hedge ETF
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- General Dynamics Hits New Highs: Why It Might Keep Climbing
- Dividend Capture Strategy: What You Need to Know
- Nike’s Turnaround: If the Shoe Fits, Buy It!
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- NVIDIA Breaks Out to New Highs: What Comes Next?
Receive News & Ratings for Global X Interest Rate Hedge ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Interest Rate Hedge ETF and related companies with MarketBeat.com's FREE daily email newsletter.
