Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) Shares to Reverse Split on Monday, June 17th

Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP)’s stock is going to reverse split before the market opens on Monday, June 17th. The 1-4 reverse split was announced on Monday, June 17th. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, June 17th.

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

Shares of CLIP stock opened at $25.08 on Friday. Global X 1-3 Month T-Bill ETF has a 12-month low of $25.01 and a 12-month high of $25.25. The business has a 50 day simple moving average of $25.08 and a 200 day simple moving average of $25.08.

Institutional Investors Weigh In On Global X 1-3 Month T-Bill ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Creative Financial Designs Inc. ADV acquired a new position in shares of Global X 1-3 Month T-Bill ETF in the 4th quarter worth $45,000. Global Retirement Partners LLC acquired a new position in Global X 1-3 Month T-Bill ETF in the 4th quarter worth about $201,000. Stratos Wealth Partners LTD. purchased a new stake in shares of Global X 1-3 Month T-Bill ETF during the 4th quarter worth about $201,000. Nottingham Advisors Inc. acquired a new stake in shares of Global X 1-3 Month T-Bill ETF during the 4th quarter valued at about $468,000. Finally, Raymond James Financial Services Advisors Inc. bought a new stake in shares of Global X 1-3 Month T-Bill ETF in the 4th quarter valued at approximately $493,000.

Global X 1-3 Month T-Bill ETF Company Profile

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.