Global X Interest Rate Hedge ETF (NYSEARCA:IRHG – Get Rating)'s share price traded down 0.7% during trading on Thursday . The company traded as low as $23.77 and last traded at $23.77. 70 shares traded hands during mid-day trading, a decline of 64% from the average session volume of 192 shares. The stock had previously closed at $23.94.
Global X Interest Rate Hedge ETF Stock Down 0.7 %
The business's fifty day simple moving average is $26.07 and its 200 day simple moving average is $28.70.
Get Global X Interest Rate Hedge ETF alerts:Hedge Funds Weigh In On Global X Interest Rate Hedge ETF
A hedge fund recently bought a new stake in Global X Interest Rate Hedge ETF stock. Jane Street Group LLC bought a new stake in Global X Interest Rate Hedge ETF (NYSEARCA:IRHG – Get Rating) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 83,377 shares of the company's stock, valued at approximately $2,628,000. Jane Street Group LLC owned about 64.14% of Global X Interest Rate Hedge ETF as of its most recent filing with the Securities & Exchange Commission.
About Global X Interest Rate Hedge ETF
(Get Rating)
The Global X Interest Rate Hedge ETF (RATE) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is an actively managed fund, using over-the-counter swaptions, which seeks to provide a hedge against sharp increases in long-term US interest rates. The fund is also expected to benefit during periods of market stress when interest rate volatility rises.
Further Reading
- Get a free copy of the StockNews.com research report on Global X Interest Rate Hedge ETF (IRHG)
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