Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) Sees Unusually-High Trading Volume – Here’s Why

by · The Cerbat Gem

Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP – Get Free Report) shares saw unusually-strong trading volume on Tuesday. Approximately 493,745 shares traded hands during trading, an increase of 52% from the average daily volume of 324,820 shares. The stock last traded at $100.0850 and had previously closed at $100.08.

Global X 1-3 Month T-Bill ETF Trading Up 0.0%

The firm’s 50 day moving average is $100.21 and its two-hundred day moving average is $100.22.

Hedge Funds Weigh In On Global X 1-3 Month T-Bill ETF

Large investors have recently bought and sold shares of the business. Woodley Farra Manion Portfolio Management Inc. purchased a new stake in Global X 1-3 Month T-Bill ETF during the 3rd quarter worth about $1,086,000. New York Life Investment Management LLC acquired a new stake in shares of Global X 1-3 Month T-Bill ETF during the 3rd quarter worth about $225,000. Beverly Hills Private Wealth LLC lifted its stake in Global X 1-3 Month T-Bill ETF by 24.2% during the third quarter. Beverly Hills Private Wealth LLC now owns 34,817 shares of the company’s stock worth $3,493,000 after purchasing an additional 6,787 shares during the last quarter. Guild Investment Management Inc. purchased a new stake in Global X 1-3 Month T-Bill ETF during the third quarter worth approximately $15,225,000. Finally, StoneX Group Inc. acquired a new position in Global X 1-3 Month T-Bill ETF in the third quarter valued at approximately $343,000.

Global X 1-3 Month T-Bill ETF Company Profile

(Get Free Report)

The Global X 1-3 Month T-Bill ETF (CLIP) is an exchange-traded fund that is based on the Solactive 1-3 month US T-Bill – USD index. The fund tracks a market value-weighted index of USD-denominated, zero-coupon US Treasury bills with a time to maturity of one to three months. CLIP was launched on Jun 20, 2023 and is managed by Global X.

Further Reading