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 target of a significant drop in short interest during the month of 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. Approximately 0.6% of the shares of the company are sold short. Based on an average trading volume of 177,090 shares, the short-interest ratio is presently 1.4 days.

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

Shares of SNPE stock opened at $67.93 on Friday. The stock’s 50-day moving average price is $68.14 and its 200 day moving average price is $64.99. The stock has a market capitalization of $2.62 billion, a PE ratio of 25.26 and a beta of 1.01. Xtrackers S&P 500 Scored & Screened ETF has a 52-week low of $55.68 and a 52-week high of $69.64.

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

Large investors have recently modified their holdings of the business. Sun Life Financial Inc. boosted its stake in shares of Xtrackers S&P 500 Scored & Screened ETF by 13.0% in the fourth quarter. Sun Life Financial Inc. now owns 3,857,067 shares of the company’s stock valued at $240,874,000 after buying an additional 445,101 shares in the last quarter. Ameriprise Financial Inc. raised its position in Xtrackers S&P 500 Scored & Screened ETF by 5.0% in the second quarter. Ameriprise Financial Inc. now owns 461,906 shares of the company’s stock worth $25,548,000 after acquiring an additional 22,154 shares in the last quarter. BNP Paribas Financial Markets raised its position in Xtrackers S&P 500 Scored & Screened ETF by 188.3% in the third quarter. BNP Paribas Financial Markets now owns 56,500 shares of the company’s stock worth $3,392,000 after acquiring an additional 36,900 shares in the last quarter. Palladiem LLC purchased a new position in Xtrackers S&P 500 Scored & Screened ETF in the fourth quarter worth $582,000. Finally, Grey Ledge Advisors LLC lifted 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 acquiring an additional 437 shares during the period.

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.