Quadratic Interest Rate Volatility and Inflation Hedge ETF (NYSEARCA:IVOL) Sees Unusually-High Trading Volume – Still a Buy?

Quadratic Interest Rate Volatility and Inflation Hedge ETF (NYSEARCA:IVOL) shares saw unusually-strong trading volume on Tuesday . Approximately 590,002 shares changed hands during trading, an increase of 85% from the previous session’s volume of 319,258 shares.The stock last traded at $17.71 and had previously closed at $17.84.

Quadratic Interest Rate Volatility and Inflation Hedge ETF Price Performance

The firm has a fifty day simple moving average of $17.78 and a 200 day simple moving average of $18.58.

Quadratic Interest Rate Volatility and Inflation Hedge ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, October 31st. Shareholders of record on Wednesday, October 30th were issued a dividend of $0.0558 per share. The ex-dividend date was Wednesday, October 30th.

Institutional Investors Weigh In On Quadratic Interest Rate Volatility and Inflation Hedge ETF

A number of large investors have recently modified their holdings of IVOL. Private Trust Co. NA acquired a new position in Quadratic Interest Rate Volatility and Inflation Hedge ETF during the third quarter worth $240,000. JPMorgan Chase & Co. increased its position in Quadratic Interest Rate Volatility and Inflation Hedge ETF by 846.3% during the third quarter. JPMorgan Chase & Co. now owns 13,712 shares of the company’s stock worth $264,000 after purchasing an additional 12,263 shares during the last quarter. L.M. Kohn & Company acquired a new stake in Quadratic Interest Rate Volatility and Inflation Hedge ETF during the third quarter worth about $371,000. United Advisor Group LLC purchased a new position in Quadratic Interest Rate Volatility and Inflation Hedge ETF during the third quarter worth about $594,000. Finally, Cary Street Partners Asset Management LLC boosted its holdings in Quadratic Interest Rate Volatility and Inflation Hedge ETF by 1.3% in the 3rd quarter. Cary Street Partners Asset Management LLC now owns 56,130 shares of the company’s stock valued at $1,081,000 after purchasing an additional 715 shares during the last quarter.

About Quadratic Interest Rate Volatility and Inflation Hedge ETF

The Quadratic Interest Rate Volatility and Inflation Hedge ETF New (IVOL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of TIPS and long options tied to the U.S. interest rate swap curve. IVOL was launched on May 13, 2019 and is managed by Quadratic.