T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) Short Interest Up 111.9% in January

T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 11,337 shares, an increase of 111.9% from the December 31st total of 5,350 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 43,081 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 43,081 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

T. Rowe Price Growth Stock ETF Trading Down 0.4%

TGRW traded down $0.18 on Friday, hitting $45.10. 783 shares of the company’s stock traded hands, compared to its average volume of 40,936. The company’s 50 day simple moving average is $45.85 and its 200-day simple moving average is $45.10. T. Rowe Price Growth Stock ETF has a one year low of $30.81 and a one year high of $48.16. The firm has a market cap of $908.77 million, a price-to-earnings ratio of 40.49 and a beta of 1.18.

Hedge Funds Weigh In On T. Rowe Price Growth Stock ETF

Several hedge funds have recently modified their holdings of TGRW. Farther Finance Advisors LLC grew its stake in T. Rowe Price Growth Stock ETF by 78.5% during the fourth quarter. Farther Finance Advisors LLC now owns 937 shares of the company’s stock valued at $43,000 after acquiring an additional 412 shares in the last quarter. Westwood Wealth Management bought a new position in shares of T. Rowe Price Growth Stock ETF during the 4th quarter valued at about $3,542,000. Northwestern Mutual Wealth Management Co. grew its position in shares of T. Rowe Price Growth Stock ETF by 6.2% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 73,479 shares of the company’s stock valued at $3,347,000 after purchasing an additional 4,289 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of T. Rowe Price Growth Stock ETF by 13.5% in the third quarter. Bank of America Corp DE now owns 25,894 shares of the company’s stock worth $1,179,000 after purchasing an additional 3,089 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of T. Rowe Price Growth Stock ETF by 82.5% in the third quarter. EverSource Wealth Advisors LLC now owns 1,462 shares of the company’s stock worth $67,000 after purchasing an additional 661 shares during the last quarter.

T. Rowe Price Growth Stock ETF Company Profile

The T. Rowe Price Growth Stock ETF (TGRW) is an exchange-traded fund that is based on the Russell 3000 Growth index. The ETF currently has 38.68m in AUM and 79 holdings. TGRW is an actively-managed, non-transparent fund that focus on companies with growth characteristics TGRW was launched on Aug 4, 2020 and is managed by T. Rowe Price.