How To Buy GraniteShares HIPS US High Income ETF (HIPS) Stock

How To Buy HIPS

GraniteShares HIPS US High Income ETF (HIPS) is an ETF listed on the NYSE ARCA exchange, which means you can buy the stock from most online brokers. Follow the steps below to learn how to purchase shares of HIPS.

1. Find a reliable broker.

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2. Fund your new account.

   You'll need to transfer money into your new brokerage account before you can buy the stock. Transferring via a bank transfer is recommended and the most common way to fund an account. Some brokers might allow funding via a debit or credit card.

3. Search for HIPS.

   When your funds are settled into your account, look for GraniteShares HIPS US High Income ETF on your broker by searching for the company name: GraniteShares HIPS US High Income ETF or the ticker symbol: HIPS.

4. Buy the stock.

   Once that you've found GraniteShares HIPS US High Income ETF on your broker, submit a purchase order to buy shares of the stock (currently $12.97 a share). Depending on when you purchase, the stock might be higher or lower than the price listed. You may also be able to purchase fractional shares depending on your broker.

   Once your order gets fulfilled, you've purchased your first shares of GraniteShares HIPS US High Income ETF.

   Tips When Buying

   When submitting your order, you may choose to buy shares of GraniteShares HIPS US High Income ETF at the market price with a market order or at a set price using a limit order.

   • Market order: Buys the stock immediately at its current price.
   • Limit order: Buys the stock only once it reaches your target price.

   By default all purchases are considered market orders unless specified otherwise. Limit orders are great for when you only want to buy shares of HIPS at a specific price.

Should You Buy HIPS Stock Now?

In the past week the price per share of GraniteShares HIPS US High Income ETF has gone up ↑0.16 (1.25%) while the daily volume has decreased slightly. You should buy HIPS now if you think the stock will continue going up in price.

In the end, you should be comfortable with the risk of the investment and only buy shares of HIPS when you feel the time is right.