Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) Sees Large Decline in Short Interest

Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 45,840 shares, a decrease of 33.5% from the September 30th total of 68,958 shares. Based on an average daily volume of 159,345 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the shares of the company are short sold.

Strategas Macro Thematic Opportunities ETF Stock Down 0.2%

Shares of NYSEARCA:SAMT opened at $40.72 on Wednesday. The firm’s 50 day moving average price is $41.98 and its 200-day moving average price is $42.46. Strategas Macro Thematic Opportunities ETF has a twelve month low of $35.66 and a twelve month high of $47.86. The stock has a market capitalization of $778.16 million, a PE ratio of 22.03 and a beta of 0.85.

Institutional Trading of Strategas Macro Thematic Opportunities ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Beaumont Financial Advisors LLC raised its position in Strategas Macro Thematic Opportunities ETF by 3.2% in the third quarter. Beaumont Financial Advisors LLC now owns 842,555 shares of the company’s stock worth $35,118,000 after acquiring an additional 26,109 shares during the period. Comprehensive Financial Planning Inc. PA purchased a new position in shares of Strategas Macro Thematic Opportunities ETF during the 2nd quarter worth $1,049,000. Worth Asset Management LLC bought a new stake in shares of Strategas Macro Thematic Opportunities ETF during the 2nd quarter valued at $283,000. Finally, Bank of New York Mellon Corp grew its position in shares of Strategas Macro Thematic Opportunities ETF by 27.2% during the 1st quarter. Bank of New York Mellon Corp now owns 11,010 shares of the company’s stock valued at $432,000 after acquiring an additional 2,352 shares during the period.

Strategas Macro Thematic Opportunities ETF Company Profile

The Strategas Macro Thematic Opportunities ETF (SAMT) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of US stocks that seeks to outperform the broader market by providing exposure to multiple macro-thematic market trends. SAMT was launched on Jan 24, 2022 and is managed by Strategas.