Morgan Stanley Pathway Small-Mid Cap Equity ETF (NYSEARCA:MSSM – Get Free Report) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 886 shares, a decrease of 95.3% from the June 30th total of 18,724 shares. Based on an average daily trading volume, of 46,031 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.
Morgan Stanley Pathway Small-Mid Cap Equity ETF Stock Performance
Shares of NYSEARCA:MSSM traded up $0.01 during midday trading on Friday, reaching $59.32. 9,353 shares of the company’s stock were exchanged, compared to its average volume of 26,118. The company’s 50 day simple moving average is $59.70 and its two-hundred day simple moving average is $56.22. Morgan Stanley Pathway Small-Mid Cap Equity ETF has a 12 month low of $46.15 and a 12 month high of $62.00. The firm has a market capitalization of $711.84 million, a PE ratio of 18.16 and a beta of 0.98.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MSSM. Jane Street Group LLC boosted its holdings in Morgan Stanley Pathway Small-Mid Cap Equity ETF by 383.3% during the second quarter. Jane Street Group LLC now owns 51,304 shares of the company’s stock valued at $2,392,000 after purchasing an additional 40,689 shares in the last quarter. Susquehanna International Group LLP bought a new stake in shares of Morgan Stanley Pathway Small-Mid Cap Equity ETF in the 3rd quarter valued at approximately $760,000. Fifth Third Bancorp acquired a new position in shares of Morgan Stanley Pathway Small-Mid Cap Equity ETF in the 1st quarter worth approximately $625,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Morgan Stanley Pathway Small-Mid Cap Equity ETF by 1,691.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,200 shares of the company’s stock worth $56,000 after buying an additional 1,133 shares in the last quarter. Finally, Royal Bank of Canada bought a new position in shares of Morgan Stanley Pathway Small-Mid Cap Equity ETF during the 1st quarter worth approximately $39,000.
About Morgan Stanley Pathway Small-Mid Cap Equity ETF
The Morgan Stanley Pathway Small-Mid Cap Equity ETF (MSSM) is an exchange-traded fund that mostly invests in extended market equity. The fund seeks capital appreciation through an actively managed portfolio of US mid- and small-cap equity securities. The fund utilizes a multi-manager strategy in constructing the portfolio. MSSM was launched on Nov 18, 1991 and is issued by Morgan Stanley.
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