SPDR SSGA Apollo IG Public & Private Credit ETF (NYSEARCA:PRIV) Sees Large Increase in Short Interest

SPDR SSGA Apollo IG Public & Private Credit ETF (NYSEARCA:PRIVGet Free Report) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 22,244 shares, a growth of 71.2% from the May 31st total of 12,993 shares. Based on an average daily volume of 9,925 shares, the days-to-cover ratio is presently 2.2 days. Approximately 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On SPDR SSGA Apollo IG Public & Private Credit ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Beta Wealth Group Inc. increased its stake in shares of SPDR SSGA Apollo IG Public & Private Credit ETF by 97.0% in the first quarter. Beta Wealth Group Inc. now owns 39,048 shares of the company’s stock worth $985,000 after acquiring an additional 19,228 shares during the period. Beaumont Financial Advisors LLC lifted its position in SPDR SSGA Apollo IG Public & Private Credit ETF by 1,113.4% during the first quarter. Beaumont Financial Advisors LLC now owns 330,905 shares of the company’s stock valued at $8,347,000 after purchasing an additional 303,635 shares during the period. SMART Wealth LLC lifted its position in SPDR SSGA Apollo IG Public & Private Credit ETF by 8.3% during the first quarter. SMART Wealth LLC now owns 29,114 shares of the company’s stock valued at $734,000 after purchasing an additional 2,220 shares during the period. Auour Investments LLC boosted its holdings in SPDR SSGA Apollo IG Public & Private Credit ETF by 2.2% in the first quarter. Auour Investments LLC now owns 95,946 shares of the company’s stock valued at $2,420,000 after purchasing an additional 2,041 shares during the last quarter. Finally, Paladin Wealth LLC boosted its holdings in SPDR SSGA Apollo IG Public & Private Credit ETF by 11.8% in the first quarter. Paladin Wealth LLC now owns 31,939 shares of the company’s stock valued at $806,000 after purchasing an additional 3,383 shares during the last quarter.

SPDR SSGA Apollo IG Public & Private Credit ETF Stock Performance

Shares of NYSEARCA PRIV remained flat at $25.02 during midday trading on Thursday. 22,845 shares of the company’s stock were exchanged, compared to its average volume of 212,267. The company’s 50-day moving average is $25.16 and its 200-day moving average is $25.33. SPDR SSGA Apollo IG Public & Private Credit ETF has a fifty-two week low of $24.84 and a fifty-two week high of $25.79.

SPDR SSGA Apollo IG Public & Private Credit ETF Company Profile

(Get Free Report)

The SPDR SSgA Apollo IG Public & Private Credit ETF (PRIV) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that broadly invests in a wide variety of debt securities with different maturities, including public and private credit, in addition to illiquid securities. PRIV was launched on Feb 26, 2025 and is issued by State Street.

Recommended Stories

Receive News & Ratings for SPDR SSGA Apollo IG Public & Private Credit ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR SSGA Apollo IG Public & Private Credit ETF and related companies with MarketBeat.com's FREE daily email newsletter.