Xtrackers S&P 500 Scored & Screened ETF (NYSEARCA:SNPE) Sees Large Drop in Short Interest

Xtrackers S&P 500 Scored & Screened ETF (NYSEARCA:SNPE) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totaling 243,519 shares, a drop of 32.2% from the June 30th total of 359,095 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily volume of 177,090 shares, the days-to-cover ratio is presently 1.4 days.

Xtrackers S&P 500 Scored & Screened ETF Trading Up 2.3%

NYSEARCA:SNPE opened at $67.93 on Friday. The firm has a market cap of $2.62 billion, a price-to-earnings ratio of 25.26 and a beta of 1.01. The company’s 50-day moving average is $68.14 and its two-hundred day moving average is $64.99. Xtrackers S&P 500 Scored & Screened ETF has a 12-month low of $55.68 and a 12-month high of $69.64.

Hedge Funds Weigh In On Xtrackers S&P 500 Scored & Screened ETF

A number of institutional investors have recently modified their holdings of SNPE. MJT & Associates Financial Advisory Group Inc. lifted its stake in shares of Xtrackers S&P 500 Scored & Screened ETF by 11.8% during the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 2,207 shares of the company’s stock valued at $152,000 after buying an additional 233 shares during the period. Grey Ledge Advisors LLC grew its stake in Xtrackers S&P 500 Scored & Screened ETF by 6.4% in the 4th quarter. Grey Ledge Advisors LLC now owns 7,295 shares of the company’s stock worth $456,000 after acquiring an additional 437 shares during the period. Palladiem LLC purchased a new stake in Xtrackers S&P 500 Scored & Screened ETF in the 4th quarter worth approximately $582,000. BNP Paribas Financial Markets raised its holdings in Xtrackers S&P 500 Scored & Screened ETF by 489,900.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 19,600 shares of the company’s stock valued at $1,084,000 after acquiring an additional 19,596 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in Xtrackers S&P 500 Scored & Screened ETF by 5.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 461,906 shares of the company’s stock valued at $25,548,000 after acquiring an additional 22,154 shares during the last quarter.

About Xtrackers S&P 500 Scored & Screened ETF

The Xtrackers S&P 500 ESG ETF (SNPE) is an exchange-traded fund that is based on the S&P 500 ESG index. The fund tracks a principles-selected, market cap-weighted index of US large-cap securities. SNPE was launched on Jun 26, 2019 and is managed by Xtrackers.