T. Rowe Price Growth ETF (NYSEARCA:TGRT) Sees Large Growth in Short Interest

T. Rowe Price Growth ETF (NYSEARCA:TGRTGet Free Report) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 144,406 shares, a growth of 342.7% from the July 15th total of 32,620 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 94,255 shares, the short-interest ratio is presently 1.5 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Western Wealth Management LLC acquired a new stake in T. Rowe Price Growth ETF in the 1st quarter valued at about $29,000. Royal Bank of Canada acquired a new position in shares of T. Rowe Price Growth ETF during the fourth quarter worth about $96,000. Stratos Wealth Partners LTD. purchased a new stake in shares of T. Rowe Price Growth ETF during the fourth quarter worth approximately $215,000. Integrated Wealth Concepts LLC purchased a new stake in shares of T. Rowe Price Growth ETF during the third quarter worth approximately $212,000. Finally, Geneos Wealth Management Inc. raised its holdings in T. Rowe Price Growth ETF by 27.6% in the second quarter. Geneos Wealth Management Inc. now owns 5,494 shares of the company’s stock valued at $222,000 after acquiring an additional 1,188 shares in the last quarter.

T. Rowe Price Growth ETF Stock Up 0.8%

T. Rowe Price Growth ETF stock traded up $0.39 during mid-day trading on Thursday, reaching $47.50. 61,602 shares of the company’s stock were exchanged, compared to its average volume of 139,242. T. Rowe Price Growth ETF has a twelve month low of $37.60 and a twelve month high of $47.69. The company has a market cap of $1.57 billion, a P/E ratio of 36.02 and a beta of 1.20. The company has a fifty day moving average of $45.42 and a 200-day moving average of $43.81.

About T. Rowe Price Growth ETF

(Get Free Report)

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

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