PGIM S&P 500 Buffer 12 ETF – September (BATS:SEPP) Short Interest Update

PGIM S&P 500 Buffer 12 ETF – September (BATS:SEPP) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 1,760 shares, a decline of 46.2% from the June 30th total of 3,274 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily volume of 2,915 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On PGIM S&P 500 Buffer 12 ETF – September

A number of institutional investors and hedge funds have recently made changes to their positions in SEPP. Ameritas Advisory Services LLC bought a new position in PGIM S&P 500 Buffer 12 ETF – September in the 4th quarter valued at about $2,463,000. Commonwealth Equity Services LLC boosted its stake in PGIM S&P 500 Buffer 12 ETF – September by 14.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 23,160 shares of the company’s stock valued at $709,000 after purchasing an additional 2,953 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in PGIM S&P 500 Buffer 12 ETF – September during the 4th quarter worth approximately $157,000. Finally, Royal Bank of Canada increased its holdings in PGIM S&P 500 Buffer 12 ETF – September by 1,042.0% during the 1st quarter. Royal Bank of Canada now owns 3,940 shares of the company’s stock worth $118,000 after purchasing an additional 3,595 shares in the last quarter.

PGIM S&P 500 Buffer 12 ETF – September Stock Performance

SEPP opened at $32.70 on Friday. The company’s fifty day moving average price is $32.42 and its two-hundred day moving average price is $31.45. PGIM S&P 500 Buffer 12 ETF – September has a 1-year low of $28.47 and a 1-year high of $33.68.

About PGIM S&P 500 Buffer 12 ETF – September

The PGIM US Large-Cap Buffer 12 ETF – September (SEPP) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral SEPP was launched on May 14, 2024 and is issued by PGIM.