AlphaMark Advisors LLC Sells 150 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

AlphaMark Advisors LLC cut its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,950 shares of the exchange traded fund’s stock after selling 150 shares during the quarter. AlphaMark Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $208,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of TIP. Mitsubishi UFJ Trust & Banking Corp acquired a new position in shares of iShares TIPS Bond ETF in the 1st quarter valued at approximately $201,931,000. Sumitomo Life Insurance Co. boosted its position in iShares TIPS Bond ETF by 102.5% during the 1st quarter. Sumitomo Life Insurance Co. now owns 1,280,653 shares of the exchange traded fund’s stock worth $137,555,000 after acquiring an additional 648,150 shares during the last quarter. Evoke Wealth LLC boosted its position in iShares TIPS Bond ETF by 181.8% during the 4th quarter. Evoke Wealth LLC now owns 1,246,137 shares of the exchange traded fund’s stock worth $133,947,000 after acquiring an additional 803,988 shares during the last quarter. Campbell Wealth Management boosted its position in iShares TIPS Bond ETF by 2.0% during the 4th quarter. Campbell Wealth Management now owns 506,023 shares of the exchange traded fund’s stock worth $54,392,000 after acquiring an additional 9,857 shares during the last quarter. Finally, Viewpoint Investment Partners Corp boosted its position in iShares TIPS Bond ETF by 31.5% during the 1st quarter. Viewpoint Investment Partners Corp now owns 464,000 shares of the exchange traded fund’s stock worth $49,838,000 after acquiring an additional 111,200 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

NYSEARCA:TIP traded up $0.06 during trading hours on Friday, reaching $108.49. 285,910 shares of the stock were exchanged, compared to its average volume of 1,955,870. iShares TIPS Bond ETF has a twelve month low of $101.74 and a twelve month high of $109.13. The firm has a 50 day moving average of $107.31 and a 200 day moving average of $106.77. The stock has a market cap of $18.82 billion, a PE ratio of 11.86 and a beta of 0.09.

About iShares TIPS Bond ETF

iShares TIPS Bond ETF (the Fund), formerly iShares Barclays Treasury Inflation Protected Securities Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L) (the Index).