CNRG stock icon

SPDR S&P Kensho Clean Power ETF
CNRG

$63.93
0.48%

Market Cap: $175M

0
Funds holding %
of 6,728 funds
–
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

17% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 12

3% more funds holding

Funds holding: 72 [Q1] → 74 (+2) [Q2]

1.23% less ownership

Funds ownership: 21.63% [Q1] → 20.4% (-1.23%) [Q2]

19% less capital invested

Capital invested by funds: $45.8M [Q1] → $37M (-$8.84M) [Q2]

43% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 28

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Research analyst outlook

We haven’t received any recent analyst ratings for CNRG.

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Financial journalist opinion

Positive
Zacks Investment Research
3 months ago
Clean Energy ETFs Soar on Global Investment Surge
The increasing focus on finding alternative energy sources and diminishing global reliability on fossil fuels has resulted in clean energy investments surging $2 trillion. Capitalize on the growing commitment of global economies to combat climate change with clean energy ETFs.
Clean Energy ETFs Soar on Global Investment Surge
Positive
Seeking Alpha
3 months ago
CNRG: Makes Sense Long Term
SPDR Kensho Clean Power ETF allows investors to gain exposure to clean energy companies at the forefront of the global shift towards renewable power. CNRG's active investment approach utilizes AI and quantitative techniques to identify and score companies involved in clean energy innovation. The fund offers a diversified portfolio with weightings that are not typically found in other ETFs, making it a strong option for investors interested in the clean power sector.
CNRG: Makes Sense Long Term
Negative
ETF Trends
6 months ago
A Detour on the Road to the Clean Energy Transition
Investors who piled into clean energy themes the last few years are experiencing some performance pain this year, as we appear to be experiencing a detour on the road to the clean energy transition. Related themes have been hard hit this year due to a confluence of events.
A Detour on the Road to the Clean Energy Transition
Positive
Zacks Investment Research
9 months ago
What Does COP 28 Mean for Renewable Energy ETFs?
COP28 in 2023 was a critical meeting for advancing and accelerating global climate action efforts. The meeting puts these ETFs in focus.
What Does COP 28 Mean for Renewable Energy ETFs?
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