SPDR S&P Kensho Clean Power ETF (NYSEARCA:CNRG – Get Free Report) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 2,984 shares, a decrease of 93.4% from the May 31st total of 44,913 shares. Based on an average trading volume of 17,764 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are sold short.
Hedge Funds Weigh In On SPDR S&P Kensho Clean Power ETF
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Matthew Goff Investment Advisor LLC purchased a new position in shares of SPDR S&P Kensho Clean Power ETF during the first quarter valued at approximately $19,359,000. Bank of America Corp DE increased its stake in SPDR S&P Kensho Clean Power ETF by 4.0% during the 1st quarter. Bank of America Corp DE now owns 89,718 shares of the company’s stock valued at $8,103,000 after purchasing an additional 3,485 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in SPDR S&P Kensho Clean Power ETF by 5.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 48,401 shares of the company’s stock worth $2,876,000 after acquiring an additional 2,554 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of SPDR S&P Kensho Clean Power ETF by 8.7% in the fourth quarter. Wells Fargo & Company MN now owns 45,792 shares of the company’s stock worth $4,097,000 after purchasing an additional 3,682 shares during the last quarter. Finally, Lido Advisors LLC bought a new position in shares of SPDR S&P Kensho Clean Power ETF during the third quarter valued at $3,208,000.
SPDR S&P Kensho Clean Power ETF Stock Performance
Shares of CNRG traded down $0.10 on Thursday, reaching $108.80. The stock had a trading volume of 9,364 shares, compared to its average volume of 9,371. SPDR S&P Kensho Clean Power ETF has a 12-month low of $58.33 and a 12-month high of $125.76. The firm has a market capitalization of $232.83 million, a price-to-earnings ratio of 20.46 and a beta of 1.41. The company has a 50-day simple moving average of $109.55 and a 200-day simple moving average of $100.09.
SPDR S&P Kensho Clean Power ETF Company Profile
The SPDR Kensho Clean Power ETF (CNRG) is an exchange-traded fund that is based on the S&P Kensho Clean Power index. The fund tracks a tier-weighted index of US equities associated with the clean power sector. CNRG was launched on Oct 22, 2018 and is managed by State Street.
Read More
- Five stocks we like better than SPDR S&P Kensho Clean Power ETF
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
Receive News & Ratings for SPDR S&P Kensho Clean Power ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Kensho Clean Power ETF and related companies with MarketBeat.com's FREE daily email newsletter.
