Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT – Get Free Report) was the recipient of a large drop in short interest in August. As of August 31st, there was short interest totaling 11,321 shares, a drop 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 daily volume of 171,058 shares, the days-to-cover ratio is presently 0.1 days.
Strategas Macro Thematic Opportunities ETF Price Performance
NYSEARCA:SAMT traded up $0.17 on Friday, reaching $41.71. The stock had a trading volume of 80,751 shares, compared to its average volume of 143,859. Strategas Macro Thematic Opportunities ETF has a 12-month low of $35.66 and a 12-month high of $47.86. The company has a market cap of $832.95 million, a price-to-earnings ratio of 22.03 and a beta of 0.85. The firm’s fifty day moving average is $43.43 and its two-hundred day moving average is $43.09.
Institutional Trading of Strategas Macro Thematic Opportunities ETF
A number of hedge funds have recently bought and sold shares of the company. Comprehensive Financial Planning Inc. PA purchased a new stake in Strategas Macro Thematic Opportunities ETF in the 2nd quarter worth approximately $1,049,000. Bank of New York Mellon Corp lifted its stake in shares of Strategas Macro Thematic Opportunities ETF by 27.2% during the 1st quarter. Bank of New York Mellon Corp now owns 11,010 shares of the company’s stock worth $432,000 after purchasing an additional 2,352 shares during the period. Finally, Worth Asset Management LLC acquired a new stake in shares of Strategas Macro Thematic Opportunities ETF during the second quarter worth $283,000.
About Strategas Macro Thematic Opportunities ETF
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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