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 stock price shot up 0.1% during trading on Wednesday . 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 Stock Up 0.1 %

The business’s fifty day simple moving average is $25.09 and its two-hundred day simple moving average is $25.20.

Institutional Investors 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 lifted its position in shares of iShares iBonds Oct 2024 Term TIPS ETF (NYSEARCA:IBIA) by 42.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 41,266 shares of the company’s stock after purchasing an additional 12,241 shares during the quarter. Jane Street Group LLC owned approximately 8.25% of iShares iBonds Oct 2024 Term TIPS ETF worth $1,048,000 as of its most recent filing with the Securities and Exchange Commission.

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.