T. Rowe Price Value ETF (NYSEARCA:TVAL – Get Free Report) saw a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 11,888 shares, a decrease of 80.5% from the July 30th total of 60,948 shares. Based on an average daily trading volume, of 70,465 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.
T. Rowe Price Value ETF Price Performance
TVAL traded up $0.10 during trading on Friday, reaching $43.15. 56,107 shares of the company’s stock were exchanged, compared to its average volume of 96,849. T. Rowe Price Value ETF has a 1 year low of $33.37 and a 1 year high of $43.60. The company’s fifty day simple moving average is $42.48 and its 200-day simple moving average is $39.92. The stock has a market capitalization of $1.01 billion, a P/E ratio of 20.80 and a beta of 0.79.
Institutional Investors Weigh In On T. Rowe Price Value ETF
Several hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC acquired a new stake in T. Rowe Price Value ETF during the 1st quarter worth about $115,000. GeoWealth Management LLC purchased a new position in T. Rowe Price Value ETF during the fourth quarter valued at approximately $258,000. Jane Street Group LLC acquired a new position in T. Rowe Price Value ETF in the second quarter valued at approximately $283,000. Jacksonville Wealth Management LLC acquired a new position in T. Rowe Price Value ETF in the fourth quarter valued at approximately $388,000. Finally, HighTower Advisors LLC boosted its position in T. Rowe Price Value ETF by 15.3% in the 4th quarter. HighTower Advisors LLC now owns 12,416 shares of the company’s stock worth $437,000 after purchasing an additional 1,651 shares in the last quarter.
T. Rowe Price Value ETF Company Profile
The T. Rowe Price Value ETF (TVAL) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on large cap equity. TVAL is an actively managed fund of attractively valued US large-capitalization companies having the potential for stock price appreciation as perceived by the fund adviser
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