K2 Financial Inc. Purchases New Holdings in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP)

K2 Financial Inc. purchased a new stake in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 6,513 shares of the company’s stock, valued at approximately $653,000.

A number of other hedge funds and other institutional investors have also modified their holdings of CLIP. Harbour Investments Inc. bought a new position in Global X 1-3 Month T-Bill ETF in the third quarter valued at approximately $2,092,000. GoalVest Advisory LLC bought a new position in Global X 1-3 Month T-Bill ETF in the third quarter valued at approximately $578,000. Principal Securities Inc. boosted its stake in Global X 1-3 Month T-Bill ETF by 32.4% in the fourth quarter. Principal Securities Inc. now owns 2,645 shares of the company’s stock valued at $265,000 after acquiring an additional 647 shares during the last quarter. Stifel Financial Corp bought a new position in Global X 1-3 Month T-Bill ETF in the third quarter valued at approximately $438,000. Finally, IFP Advisors Inc bought a new position in Global X 1-3 Month T-Bill ETF in the fourth quarter valued at approximately $152,000.

Global X 1-3 Month T-Bill ETF Stock Up 0.0 %

Shares of CLIP stock opened at $100.13 on Friday. Global X 1-3 Month T-Bill ETF has a 52-week low of $100.05 and a 52-week high of $100.56. The firm’s 50 day moving average price is $100.25 and its two-hundred day moving average price is $100.30.

About Global X 1-3 Month T-Bill ETF

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.