Short Interest in T. Rowe Price Growth ETF (NYSEARCA:TGRT) Rises By 272.7%

T. Rowe Price Growth ETF (NYSEARCA:TGRT) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 55,725 shares, an increase of 272.7% from the April 30th total of 14,953 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 101,535 shares, the short-interest ratio is presently 0.5 days.

T. Rowe Price Growth ETF Trading Up 0.4%

NYSEARCA:TGRT traded up $0.20 during trading hours on Friday, reaching $47.23. 88,913 shares of the company were exchanged, compared to its average volume of 116,295. The stock’s 50-day moving average is $43.41 and its 200-day moving average is $43.30. The firm has a market cap of $1.23 billion, a PE ratio of 36.02 and a beta of 1.18. T. Rowe Price Growth ETF has a twelve month low of $37.39 and a twelve month high of $47.38.

Institutional Investors Weigh In On T. Rowe Price Growth ETF

A number of hedge funds have recently modified their holdings of the business. Western Wealth Management LLC acquired a new stake in shares of T. Rowe Price Growth ETF in the first quarter valued at about $29,000. Arkadios Wealth Advisors purchased a new stake in shares of T. Rowe Price Growth ETF in the first quarter valued at about $373,000. Cetera Investment Advisers grew its holdings in shares of T. Rowe Price Growth ETF by 58.9% in the first quarter. Cetera Investment Advisers now owns 90,713 shares of the company’s stock valued at $3,566,000 after purchasing an additional 33,633 shares during the period. Money Concepts Capital Corp purchased a new stake in shares of T. Rowe Price Growth ETF in the first quarter valued at about $376,000. Finally, Jackson Thornton Wealth Management LLC grew its holdings in shares of T. Rowe Price Growth ETF by 90.5% in the first quarter. Jackson Thornton Wealth Management LLC now owns 10,458 shares of the company’s stock valued at $435,000 after purchasing an additional 4,969 shares during the period.

About T. Rowe Price Growth ETF

The T. Rowe Price Growth ETF (TGRT) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on large cap equity. TGRT is an actively managed fund that invests in US large-cap companies believed to have strong growth potential