The Global X 1-3 Month T-Bill ETF (Symbol: CLIP) reported approximately $146.2 million in inflows, marking a 7.2% increase in outstanding units from 20,369,931 to 21,829,931 over the past week.
CLIP’s 52-week price range is between $100.02 and $100.47, with the last trade recorded at $100.15. This contrasts with the ETF’s 200-day moving average, a critical indicator for investors analyzing performance trends.
ETFs like CLIP are traded similarly to stocks, with investors buying and selling units. Notably, changes in units outstanding can affect the underlying holdings of the ETF, impacting market dynamics.
