NYSEARCA:HIPS

GraniteShares HIPS US High Income ETF (HIPS) Price, Holdings, & News

$12.87
+0.01 (+0.08%)
(As of 05/17/2024 ET)
Today's Range
$12.85
$12.89
50-Day Range
$12.35
$12.92
52-Week Range
$11.22
$13.00
Volume
17,401 shs
Average Volume
28,928 shs
Market Capitalization
$74.00 million
Assets Under Management
$55.87 million
Dividend Yield
10.10%
Net Expense Ratio
2.88%

About GraniteShares HIPS US High Income ETF

The GraniteShares HIPS US High Income ETF (HIPS) is an exchange-traded fund that is based on the TFMS HIPS index. The fund tracks an index of assets that tend to produce high income and pass through that income without being taxed at the constituent level. These include REITs, MLPs, BDCs and debt-based closed-end funds. HIPS was launched on Jan 6, 2015 and is managed by GraniteShares.

HIPS Stock Price History

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Fund Details

Issuer
GraniteShares
Fund Name
GraniteShares HIPS US High Income ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:HIPS
Inception Date
1/6/2015
Fund Manager
Benoit Autier, Jeff Klearman
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Multi Asset
Benchmark
EQM High Income Pass-Through Securities Index
Category
Asset Allocation
Focus
Target Outcome
Development Level
Blended Development
Region
North America
Number of Holdings
40

Fund Statistics

Assets Under Management
$55.87 million
Average Daily Volume
$18,701.90
Discount/Premium
0.03%

Administrator, Advisor and Custodian

Administrator
ALPS Fund Services, Inc.
Advisor
GraniteShares Advisors LLC
Custodian
Brown Brothers Harriman & Co.
Distributor
ALPS Distributors, Inc.
Transfer Agent
Brown Brothers Harriman & Co.
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
N/A
Short Interest
30,500 shs

Miscellaneous

Beta
0.49
Creation Unit
50,000
Creation Fee
$500.00
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GraniteShares HIPS US High Income ETF Expenses

TypeHIPSTarget Outcome ETFsMulti Asset ETFsNYSEARCA ETFsAll ETFs
Management Fee0.70%0.68%0.69%0.51%0.51%
Other Expenses2.18%1.01%0.79%0.64%0.58%
Total Expense2.88%1.36%1.21%0.74%0.70%
Fee Waiver0.00%-1.16%-0.69%-0.68%-0.57%
Net Expense2.88%0.91%0.94%0.58%0.58%

GraniteShares HIPS US High Income ETF (HIPS) Holdings & Exposure

HIPS Sector Exposure

HIPS Industry Exposure


HIPS ETF - Frequently Asked Questions

How have HIPS shares performed in 2024?

GraniteShares HIPS US High Income ETF's stock was trading at $12.50 on January 1st, 2024. Since then, HIPS shares have increased by 3.0% and is now trading at $12.87.
View the best growth stocks for 2024 here
.

What does HIPS invest in?

GraniteShares HIPS US High Income ETF is a multi asset fund issued by GraniteShares. HIPS focuses on target outcome investments and follows the EQM High Income Pass-Through Securities Index. The fund's investments total to approximately $55.87 million assets under management.

What is the management fee for GraniteShares HIPS US High Income ETF?

GraniteShares HIPS US High Income ETF's management fee is 0.70% and has other expenses of 2.18%. The net expense ratio for HIPS is 2.88%.

Who are GraniteShares HIPS US High Income ETF's major shareholders?

GraniteShares HIPS US High Income ETF's stock is owned by a variety of retail and institutional investors. Top institutional investors include Cornerstone Wealth Management LLC (2.53%), Aurora Private Wealth Inc. (0.85%) and RHS Financial LLC (0.62%).

How do I buy shares of GraniteShares HIPS US High Income ETF?

Shares of HIPS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:HIPS) was last updated on 5/19/2024 by MarketBeat.com Staff

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