PGIM Portfolio Ballast ETF (BATS:PBL – Get Free Report) was the recipient of a significant drop in short interest in May. As of May 15th, there was short interest totaling 641 shares, a drop of 70.7% from the April 30th total of 2,184 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 2,822 shares, the days-to-cover ratio is presently 0.2 days.
Institutional Investors Weigh In On PGIM Portfolio Ballast ETF
Large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada grew its position in shares of PGIM Portfolio Ballast ETF by 108.4% in the 1st quarter. Royal Bank of Canada now owns 10,692 shares of the company’s stock worth $293,000 after buying an additional 5,562 shares during the period. Osaic Holdings Inc. purchased a new stake in shares of PGIM Portfolio Ballast ETF in the 4th quarter worth about $244,000. Wolverine Trading LLC purchased a new stake in shares of PGIM Portfolio Ballast ETF in the 3rd quarter worth about $538,000. Jane Street Group LLC purchased a new stake in shares of PGIM Portfolio Ballast ETF in the 2nd quarter worth about $530,000. Finally, Cary Street Partners Financial LLC grew its position in shares of PGIM Portfolio Ballast ETF by 4.6% in the 4th quarter. Cary Street Partners Financial LLC now owns 1,232,149 shares of the company’s stock worth $38,073,000 after buying an additional 53,804 shares during the period.
PGIM Portfolio Ballast ETF Price Performance
PBL stock opened at $33.37 on Friday. PGIM Portfolio Ballast ETF has a one year low of $28.31 and a one year high of $33.38. The company’s 50 day moving average price is $31.62 and its two-hundred day moving average price is $31.32.
PGIM Portfolio Ballast ETF Company Profile
The PGIM Portfolio Ballast ETF (PBL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund actively manages a portfolio of derivatives, toggling exposure between US large-cap equities and US Treasuries. The fund aims to provide long-term capital growth while limiting downside losses PBL was launched on Dec 12, 2022 and is managed by PGIM.
Read More
- Five stocks we like better than PGIM Portfolio Ballast ETF
- Shares Fall, Targets Rise—Markets and Analysts Diverge on Synopsys
- Salesforce Stock Finds Support as AI Momentum Builds
- Dollar Tree Keeps Winning After Family Dollar Divorce
- Apple’s Agentic AI Plans Could Be Its Biggest Growth Story Yet
Receive News & Ratings for PGIM Portfolio Ballast ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PGIM Portfolio Ballast ETF and related companies with MarketBeat.com's FREE daily email newsletter.
