Sykon Capital LLC Makes New $26.58 Million Investment in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP)

Sykon Capital LLC purchased a new position in shares of Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 265,494 shares of the company’s stock, valued at approximately $26,576,000. Global X 1-3 Month T-Bill ETF comprises approximately 9.2% of Sykon Capital LLC’s investment portfolio, making the stock its 3rd largest holding. Sykon Capital LLC owned about 1.75% of Global X 1-3 Month T-Bill ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of CLIP. 3EDGE Asset Management LP bought a new stake in shares of Global X 1-3 Month T-Bill ETF in the 4th quarter valued at about $12,714,000. Sei Investments Co. lifted its stake in shares of Global X 1-3 Month T-Bill ETF by 8.0% in the 4th quarter. Sei Investments Co. now owns 1,431,904 shares of the company’s stock valued at $143,334,000 after acquiring an additional 105,559 shares during the last quarter. Global X Japan Co. Ltd. lifted its stake in shares of Global X 1-3 Month T-Bill ETF by 25.3% in the 4th quarter. Global X Japan Co. Ltd. now owns 400,941 shares of the company’s stock valued at $40,134,000 after acquiring an additional 80,858 shares during the last quarter. WealthPlan Investment Management LLC bought a new stake in shares of Global X 1-3 Month T-Bill ETF in the 4th quarter valued at about $7,841,000. Finally, Peterson Wealth Advisors LLC lifted its stake in shares of Global X 1-3 Month T-Bill ETF by 55.6% in the 4th quarter. Peterson Wealth Advisors LLC now owns 192,684 shares of the company’s stock valued at $19,295,000 after acquiring an additional 68,838 shares during the last quarter.

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

NYSEARCA CLIP opened at $100.32 on Friday. Global X 1-3 Month T-Bill ETF has a 1-year low of $100.03 and a 1-year high of $100.56. The stock has a 50-day moving average of $100.26 and a 200-day moving average of $100.29.

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.