Global X Interest Rate Hedge ETF (NYSEARCA:RATE – Get Free Report)’s stock price traded up 0.6% during mid-day trading on Wednesday . The stock traded as high as $18.33 and last traded at $18.33. 1,022 shares changed hands during trading, a decline of 38% from the average session volume of 1,653 shares. The stock had previously closed at $18.23.
Global X Interest Rate Hedge ETF Stock Performance
The firm’s 50 day simple moving average is $17.91 and its 200-day simple moving average is $19.47.
Global X Interest Rate Hedge ETF Company Profile
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.
Featured Stories
- Five stocks we like better than Global X Interest Rate Hedge ETF
- How to Calculate Inflation Rate
- Survey Reveals: America’s Most Coveted Businesses in 2024
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- Top 3 Stocks to Play Oil’s Potential Comeback Rally
- What is a Low P/E Ratio and What Does it Tell Investors?
- Analysts See Growth in CrowdStrike Stock Despite July Setback
Receive News & Ratings for Global X Interest Rate Hedge ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Interest Rate Hedge ETF and related companies with MarketBeat.com's FREE daily email newsletter.
