Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) Reaches New 52-Week Low – Time to Sell?

Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIPGet Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $100.02 and last traded at $100.05, with a volume of 1018557 shares. The stock had previously closed at $100.07.

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

The stock has a 50 day simple moving average of $100.26 and a two-hundred day simple moving average of $100.29.

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

Several large investors have recently made changes to their positions in the stock. Compass Financial Services Inc acquired a new position in Global X 1-3 Month T-Bill ETF during the 4th quarter worth $41,000. Geneos Wealth Management Inc. acquired a new position in shares of Global X 1-3 Month T-Bill ETF during the fourth quarter worth about $125,000. IFP Advisors Inc purchased a new stake in shares of Global X 1-3 Month T-Bill ETF during the fourth quarter worth approximately $152,000. SBI Securities Co. Ltd. acquired a new stake in Global X 1-3 Month T-Bill ETF in the fourth quarter valued at approximately $200,000. Finally, Ausdal Financial Partners Inc. purchased a new position in Global X 1-3 Month T-Bill ETF in the fourth quarter worth approximately $201,000.

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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