Short Interest in Xtrackers S&P 500 Scored & Screened ETF (NYSEARCA:SNPE) Drops By 32.2%

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. Based on an average daily volume of 177,090 shares, the short-interest ratio is currently 1.4 days. Approximately 0.6% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. MJT & Associates Financial Advisory Group Inc. boosted its position in shares of Xtrackers S&P 500 Scored & Screened ETF by 11.8% in the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 2,207 shares of the company’s stock worth $152,000 after purchasing an additional 233 shares during the last quarter. Grey Ledge Advisors LLC increased its holdings in Xtrackers S&P 500 Scored & Screened ETF by 6.4% in the fourth quarter. Grey Ledge Advisors LLC now owns 7,295 shares of the company’s stock valued at $456,000 after purchasing an additional 437 shares during the last quarter. Palladiem LLC acquired a new position in Xtrackers S&P 500 Scored & Screened ETF in the fourth quarter valued at about $582,000. BNP Paribas Financial Markets lifted its stake in Xtrackers S&P 500 Scored & Screened ETF by 489,900.0% in the second quarter. BNP Paribas Financial Markets now owns 19,600 shares of the company’s stock valued at $1,084,000 after buying an additional 19,596 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in Xtrackers S&P 500 Scored & Screened ETF by 5.0% during the second quarter. Ameriprise Financial Inc. now owns 461,906 shares of the company’s stock worth $25,548,000 after buying an additional 22,154 shares during the last quarter.

Xtrackers S&P 500 Scored & Screened ETF Stock Up 1.0%

SNPE traded up $0.67 during trading on Friday, hitting $68.60. The company’s stock had a trading volume of 315,197 shares, compared to its average volume of 389,254. The stock has a market capitalization of $2.64 billion, a price-to-earnings ratio of 25.26 and a beta of 1.01. The firm’s 50 day moving average price is $68.16 and its two-hundred day moving average price is $65.02. Xtrackers S&P 500 Scored & Screened ETF has a 12 month low of $55.68 and a 12 month high of $69.64.

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.