Evexia Wealth LLC Sells 6,937 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Evexia Wealth LLC cut its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 63.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,943 shares of the exchange traded fund’s stock after selling 6,937 shares during the period. Evexia Wealth LLC’s holdings in iShares TIPS Bond ETF were worth $428,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in iShares TIPS Bond ETF during the 4th quarter worth approximately $37,033,000. Renaissance Technologies LLC grew its position in shares of iShares TIPS Bond ETF by 123.8% during the 4th quarter. Renaissance Technologies LLC now owns 38,500 shares of the exchange traded fund’s stock valued at $4,102,000 after purchasing an additional 21,300 shares in the last quarter. FIL Ltd increased its holdings in shares of iShares TIPS Bond ETF by 121.0% in the fourth quarter. FIL Ltd now owns 946,857 shares of the exchange traded fund’s stock worth $100,888,000 after purchasing an additional 518,387 shares during the period. Legal & General Group Plc raised its position in shares of iShares TIPS Bond ETF by 18.3% in the fourth quarter. Legal & General Group Plc now owns 32,903 shares of the exchange traded fund’s stock worth $3,506,000 after buying an additional 5,100 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in iShares TIPS Bond ETF by 2.7% during the fourth quarter. Invesco Ltd. now owns 4,343 shares of the exchange traded fund’s stock valued at $463,000 after buying an additional 116 shares during the period.

iShares TIPS Bond ETF Stock Down 0.2 %

Shares of NYSEARCA TIP opened at $109.00 on Wednesday. The stock’s 50-day simple moving average is $109.41 and its two-hundred day simple moving average is $108.55. iShares TIPS Bond ETF has a twelve month low of $104.67 and a twelve month high of $111.51. The firm has a market capitalization of $14.29 billion, a P/E ratio of 12.43 and a beta of 0.29.

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).