Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT – Get Free Report) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 11,321 shares, a decrease of 69.6% from the August 15th total of 37,254 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 171,058 shares, the short-interest ratio is currently 0.1 days.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of SAMT. Comprehensive Financial Planning Inc. PA acquired a new stake in Strategas Macro Thematic Opportunities ETF during the 2nd quarter valued at $1,049,000. Bank of New York Mellon Corp raised its holdings in shares of Strategas Macro Thematic Opportunities ETF by 27.2% in the first quarter. Bank of New York Mellon Corp now owns 11,010 shares of the company’s stock worth $432,000 after acquiring an additional 2,352 shares during the last quarter. Finally, Worth Asset Management LLC acquired a new position in shares of Strategas Macro Thematic Opportunities ETF in the second quarter worth $283,000.
Strategas Macro Thematic Opportunities ETF Stock Performance
NYSEARCA:SAMT traded up $0.17 during mid-day trading on Friday, hitting $41.71. 80,751 shares of the company’s stock traded hands, compared to its average volume of 143,859. The company has a market cap of $832.95 million, a PE ratio of 22.03 and a beta of 0.85. The firm’s 50 day simple moving average is $43.43 and its 200 day simple moving average is $43.09. Strategas Macro Thematic Opportunities ETF has a 1 year low of $35.66 and a 1 year high of $47.86.
Strategas Macro Thematic Opportunities ETF Company Profile
The Strategas Macro Thematic Opportunities ETF (SAMT) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of US stocks that seeks to outperform the broader market by providing exposure to multiple macro-thematic market trends. SAMT was launched on Jan 24, 2022 and is managed by Strategas.
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