iShares iBonds Oct 2024 Term TIPS ETF (NYSEARCA:IBIA) Shares Up 0% – Time to Buy?

iShares iBonds Oct 2024 Term TIPS ETF (NYSEARCA:IBIA)’s stock price shot up 0% during mid-day trading on Friday . The stock traded as high as $25.08 and last traded at $25.07. 2,676 shares traded hands during mid-day trading, a decline of 15% from the average session volume of 3,155 shares. The stock had previously closed at $25.06.

iShares iBonds Oct 2024 Term TIPS ETF Stock Up 0.0 %

The company has a fifty day simple moving average of $25.25 and a 200-day simple moving average of $25.35.

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. ARK & TLK Investments LLC increased its position in shares of iShares iBonds Oct 2024 Term TIPS ETF (NYSEARCA:IBIA) by 69.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,895 shares of the company’s stock after acquiring an additional 6,532 shares during the period. ARK & TLK Investments LLC owned about 3.18% of iShares iBonds Oct 2024 Term TIPS ETF worth $406,000 at the end of the most recent quarter.

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.