iShares iBonds Oct 2024 Term TIPS ETF (NYSEARCA:IBIA) Shares Up 0.1% – Should You Buy?

iShares iBonds Oct 2024 Term TIPS ETF (NYSEARCA:IBIA)’s share price shot up 0.1% during trading on Thursday . The stock traded as high as $25.10 and last traded at $25.10. 100 shares traded hands during trading, a decline of 97% from the average session volume of 3,083 shares. The stock had previously closed at $25.08.

iShares iBonds Oct 2024 Term TIPS ETF Price Performance

The stock has a fifty day simple moving average of $25.10 and a two-hundred day simple moving average of $25.12.

Hedge Funds Weigh In On iShares iBonds Oct 2024 Term TIPS ETF

A hedge fund recently raised its stake in iShares iBonds Oct 2024 Term TIPS ETF stock. Jane Street Group LLC increased its stake in iShares iBonds Oct 2024 Term TIPS ETF (NYSEARCA:IBIA) by 42.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 41,266 shares of the company’s stock after buying an additional 12,241 shares during the period. Jane Street Group LLC owned about 8.25% of iShares iBonds Oct 2024 Term TIPS ETF worth $1,048,000 at the end of the most recent reporting period.

iShares iBonds Oct 2024 Term TIPS ETF Company Profile

The iShares iBonds Oct 2024 Term TIPS ETF (IBIA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of US Treasury inflation-protected securities maturing between January and October 2024. The fund will terminate in October 2024 IBIA was launched on Sep 13, 2023 and is issued by BlackRock.