VanEck Alternative Asset Manager ETF (NYSEARCA:GPZ) Sees Large Drop in Short Interest

VanEck Alternative Asset Manager ETF (NYSEARCA:GPZ) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totaling 35,191 shares, a decline of 60.6% from the June 15th total of 89,307 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 212,673 shares, the days-to-cover ratio is currently 0.2 days.

VanEck Alternative Asset Manager ETF Stock Performance

Shares of GPZ stock traded up $0.61 during trading hours on Wednesday, hitting $23.09. 204,731 shares of the company were exchanged, compared to its average volume of 275,321. VanEck Alternative Asset Manager ETF has a fifty-two week low of $20.16 and a fifty-two week high of $30.19. The company has a 50 day simple moving average of $22.64 and a two-hundred day simple moving average of $23.60.

Institutional Investors Weigh In On VanEck Alternative Asset Manager ETF

A number of large investors have recently bought and sold shares of GPZ. Traphagen Investment Advisors LLC raised its holdings in shares of VanEck Alternative Asset Manager ETF by 6.5% during the fourth quarter. Traphagen Investment Advisors LLC now owns 891,760 shares of the company’s stock valued at $24,211,000 after purchasing an additional 54,034 shares during the period. Assetmark Inc. grew its stake in shares of VanEck Alternative Asset Manager ETF by 23.2% in the 1st quarter. Assetmark Inc. now owns 508,522 shares of the company’s stock valued at $10,921,000 after buying an additional 95,749 shares during the period. Summit Financial LLC increased its position in VanEck Alternative Asset Manager ETF by 3.4% in the 4th quarter. Summit Financial LLC now owns 496,037 shares of the company’s stock valued at $13,467,000 after buying an additional 16,297 shares in the last quarter. Waterway Wealth Management LLC increased its position in VanEck Alternative Asset Manager ETF by 59.0% in the 1st quarter. Waterway Wealth Management LLC now owns 263,239 shares of the company’s stock valued at $5,653,000 after buying an additional 97,690 shares in the last quarter. Finally, Royal Bank of Canada raised its stake in VanEck Alternative Asset Manager ETF by 18.0% during the 1st quarter. Royal Bank of Canada now owns 143,341 shares of the company’s stock worth $3,078,000 after buying an additional 21,894 shares during the period.

About VanEck Alternative Asset Manager ETF

The VanEck Alternative Asset Manager ETF (GPZ) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a market cap-weighted index of US-listed companies involved in the alternative asset management industry, including private equity and BDCs. GPZ was launched on Apr 29, 2025 and is issued by VanEck.