PGIM Portfolio Ballast ETF (BATS:PBL – Get Free Report) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 621 shares, a drop of 31.9% from the June 30th total of 912 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 1,210 shares, the days-to-cover ratio is currently 0.5 days.
PGIM Portfolio Ballast ETF Stock Up 1.2%
PBL stock opened at $33.00 on Friday. PGIM Portfolio Ballast ETF has a twelve month low of $29.48 and a twelve month high of $33.54. The business has a 50 day moving average of $33.08 and a 200 day moving average of $31.86.
Institutional Trading of PGIM Portfolio Ballast ETF
Large investors have recently made changes to their positions in the stock. Cary Street Partners Financial LLC grew its holdings in shares of PGIM Portfolio Ballast ETF by 4.6% in the fourth quarter. Cary Street Partners Financial LLC now owns 1,232,149 shares of the company’s stock worth $38,073,000 after acquiring an additional 53,804 shares during the period. Cary Street Partners Investment Advisory LLC purchased a new stake in PGIM Portfolio Ballast ETF in the 4th quarter worth approximately $1,863,000. Royal Bank of Canada raised its position in shares of PGIM Portfolio Ballast ETF by 45.0% during the 1st quarter. Royal Bank of Canada now owns 22,510 shares of the company’s stock valued at $675,000 after purchasing an additional 6,982 shares during the period. Jane Street Group LLC bought a new stake in PGIM Portfolio Ballast ETF during the second quarter valued at about $530,000. Finally, Wolverine Trading LLC purchased a new stake in shares of PGIM Portfolio Ballast ETF during the third quarter worth about $538,000.
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.
See Also
- Five stocks we like better than PGIM Portfolio Ballast ETF
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
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.
