ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) Trading Down 1.8% – Time to Sell?

ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) shares were down 1.8% during mid-day trading on Thursday . The company traded as low as $77.52 and last traded at $77.73. Approximately 5,246 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 21,802 shares. The stock had previously closed at $79.13.

ClearBridge Large Cap Growth Select ETF Stock Performance

The firm has a market capitalization of $404.97 million, a P/E ratio of 34.66 and a beta of 1.12. The firm has a 50-day moving average of $82.15 and a 200-day moving average of $81.98.

Hedge Funds Weigh In On ClearBridge Large Cap Growth Select ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its position in shares of ClearBridge Large Cap Growth Select ETF by 226.8% during the fourth quarter. Bank of America Corp DE now owns 549 shares of the company’s stock valued at $41,000 after buying an additional 381 shares during the last quarter. Truist Financial Corp increased its holdings in shares of ClearBridge Large Cap Growth Select ETF by 12.7% in the second quarter. Truist Financial Corp now owns 39,109 shares of the company’s stock worth $3,102,000 after purchasing an additional 4,417 shares during the last quarter. Natural Investments LLC increased its position in ClearBridge Large Cap Growth Select ETF by 4.0% in the second quarter. Natural Investments LLC now owns 10,001 shares of the company’s stock worth $793,000 after purchasing an additional 381 shares during the last quarter. CWM LLC purchased a new stake in ClearBridge Large Cap Growth Select ETF during the second quarter valued at approximately $61,000. Finally, Atria Wealth Solutions Inc. raised its stake in shares of ClearBridge Large Cap Growth Select ETF by 8.4% in the second quarter. Atria Wealth Solutions Inc. now owns 6,215 shares of the company’s stock valued at $493,000 after acquiring an additional 479 shares during the period.

About ClearBridge Large Cap Growth Select ETF

The ClearBridge Large Cap Growth ESG ETF (LRGE) is an exchange-traded fund that is based on the TIAA ESG USA Large-Cap Growth index. The fund is actively-managed to invest in global large-cap growth stocks with positive environmental, social, and governance (ESG) traits. The fund aims for long-term capital appreciation. LRGE was launched on May 22, 2017 and is managed by Franklin Templeton.