GTIP Stock Summary and Trading Ideas (Goldman Sachs Access Inflation Protected USD Bond ETF | BATS:GTIP)

The Fund seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Goldman Sachs Treasury Inflation Protected USD Bond Index (the Index ). The Index is designed to track the performance of inflation-protected, fixed rate U.S. Treasury Securities denominated in U.S. dollars ( USD ) that meet certain screening criteria. U.S. Treasury Securities refer to securities issued or guaranteed by the U.S. Treasury where the payment of principal and interest is backed by the full faith and credit of the U.S. government. U.S. Treasury Securities include U.S. Treasury notes and U.S. Treasury bills.

Goldman Sachs Access Inflation Protected USD Bond ETF trades on the BATS stock market under the symbol GTIP.

As of April 19, 2024, GTIP stock price climbed to $48.19 with 2,066 million shares trading.

GTIP has a market cap of $116.86 million. This is considered a Micro Cap stock.

In the last 3 years, GTIP stock traded as high as $59.43 and as low as $46.38.

GTIP has underperformed the market in the last year with a return of -0.5%, while the SPY ETF gained +21.6%. In the last 3 month period, GTIP fell short of the market, returning -0.8%, while SPY returned +4.6%. However, in the most recent 2 weeks GTIP has outperformed the stock market by returning -1.1%, while SPY returned -3.2%.

GTIP support price is $47.90 and resistance is $48.25 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GTIP stock will trade within this expected range on the day.