Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) Sees Unusually-High Trading Volume – Should You Buy?

Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIPGet Free Report) saw strong trading volume on Tuesday . Approximately 1,015,111 shares changed hands during trading, an increase of 350% from the previous session’s volume of 225,582 shares.The stock last traded at $100.1850 and had previously closed at $100.18.

Global X 1-3 Month T-Bill ETF Price Performance

The business has a 50 day simple moving average of $100.25 and a two-hundred day simple moving average of $100.25.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in CLIP. 3EDGE Asset Management LP increased its holdings in shares of Global X 1-3 Month T-Bill ETF by 0.3% in the 3rd quarter. 3EDGE Asset Management LP now owns 45,050 shares of the company’s stock valued at $4,523,000 after acquiring an additional 131 shares during the period. Exencial Wealth Advisors LLC lifted its position in shares of Global X 1-3 Month T-Bill ETF by 6.9% during the second quarter. Exencial Wealth Advisors LLC now owns 2,777 shares of the company’s stock valued at $279,000 after buying an additional 179 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in shares of Global X 1-3 Month T-Bill ETF by 1.3% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 14,986 shares of the company’s stock worth $1,505,000 after acquiring an additional 189 shares in the last quarter. Compass Financial Services Inc lifted its position in Global X 1-3 Month T-Bill ETF by 49.0% during the third quarter. Compass Financial Services Inc now owns 626 shares of the company’s stock valued at $63,000 after acquiring an additional 206 shares during the last quarter. Finally, CreativeOne Wealth LLC boosted its stake in Global X 1-3 Month T-Bill ETF by 2.2% in the first quarter. CreativeOne Wealth LLC now owns 11,514 shares of the company’s stock valued at $1,156,000 after acquiring an additional 243 shares in the last quarter.

About Global X 1-3 Month T-Bill ETF

(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

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