Geneos Wealth Management Inc. Makes New $125,000 Investment in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP)

Geneos Wealth Management Inc. purchased a new stake in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 1,250 shares of the company’s stock, valued at approximately $125,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. HBW Advisory Services LLC acquired a new position in shares of Global X 1-3 Month T-Bill ETF in the third quarter worth approximately $249,000. Castle Rock Wealth Management LLC acquired a new position in shares of Global X 1-3 Month T-Bill ETF in the 3rd quarter worth approximately $1,025,000. Hart & Patterson Financial Group LLC bought a new stake in shares of Global X 1-3 Month T-Bill ETF in the 3rd quarter valued at $204,000. B.O.S.S. Retirement Advisors LLC acquired a new stake in shares of Global X 1-3 Month T-Bill ETF during the third quarter worth $579,000. Finally, Nottingham Advisors Inc. raised its stake in Global X 1-3 Month T-Bill ETF by 37.2% during the third quarter. Nottingham Advisors Inc. now owns 24,885 shares of the company’s stock worth $2,501,000 after buying an additional 6,750 shares during the last quarter.

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

Shares of CLIP opened at $100.43 on Friday. The firm’s fifty day simple moving average is $100.29 and its two-hundred day simple moving average is $100.31. Global X 1-3 Month T-Bill ETF has a 12 month low of $100.04 and a 12 month high of $100.60.

Global X 1-3 Month T-Bill ETF 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.