Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP – Get Free Report) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 34,065 shares, a drop of 42.7% from the June 15th total of 59,454 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 74,044 shares, the short-interest ratio is currently 0.5 days.
Institutional Trading of Rockefeller Opportunistic Municipal Bond ETF
A hedge fund recently raised its position in Rockefeller Opportunistic Municipal Bond ETF stock. SouthState Bank Corp raised its holdings in shares of Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP – Free Report) by 21.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,047,005 shares of the company’s stock after buying an additional 182,505 shares during the period. Rockefeller Opportunistic Municipal Bond ETF comprises approximately 1.2% of SouthState Bank Corp’s investment portfolio, making the stock its 18th biggest position. SouthState Bank Corp owned 7.53% of Rockefeller Opportunistic Municipal Bond ETF worth $26,039,000 at the end of the most recent quarter.
Rockefeller Opportunistic Municipal Bond ETF Stock Performance
NYSEARCA:RMOP traded down $0.04 during midday trading on Thursday, hitting $25.39. 97,796 shares of the company traded hands, compared to its average volume of 86,648. The firm’s fifty day moving average is $25.33 and its 200-day moving average is $25.20. Rockefeller Opportunistic Municipal Bond ETF has a 12-month low of $23.95 and a 12-month high of $25.61.
Rockefeller Opportunistic Municipal Bond ETF Company Profile
The Rockefeller Opportunistic Municipal Bond ETF (RMOP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that broadly invests in US municipal bonds. Municipal bonds could be of any credit quality or maturity that are exempt from federal income taxes. RMOP was launched on Aug 12, 2024 and is issued by Rockefeller Capital Management.
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