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

T. Rowe Price Growth ETF (NYSEARCA:TGRT) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 12,250 shares, a decrease of 79.8% from the August 31st total of 60,521 shares. Based on an average daily volume of 74,495 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. boosted its stake in shares of T. Rowe Price Growth ETF by 29.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 127,455 shares of the company’s stock worth $5,827,000 after acquiring an additional 29,269 shares during the last quarter. Flagship Wealth Advisors LLC increased its stake in shares of T. Rowe Price Growth ETF by 12.5% in the 4th quarter. Flagship Wealth Advisors LLC now owns 112,710 shares of the company’s stock worth $4,987,000 after purchasing an additional 12,538 shares in the last quarter. Northwest Wealth Advisors LLC raised its holdings in T. Rowe Price Growth ETF by 33.5% in the 1st quarter. Northwest Wealth Advisors LLC now owns 109,900 shares of the company’s stock worth $4,320,000 after purchasing an additional 27,559 shares during the period. Cetera Investment Advisers raised its holdings in T. Rowe Price Growth ETF by 58.9% in the 1st quarter. Cetera Investment Advisers now owns 90,713 shares of the company’s stock worth $3,566,000 after purchasing an additional 33,633 shares during the period. Finally, KWB Wealth lifted its position in T. Rowe Price Growth ETF by 31.1% during the second quarter. KWB Wealth now owns 68,743 shares of the company’s stock valued at $3,143,000 after purchasing an additional 16,308 shares in the last quarter.

T. Rowe Price Growth ETF Price Performance

Shares of NYSEARCA:TGRT traded up $0.20 during trading on Friday, hitting $47.55. The company’s stock had a trading volume of 100,158 shares, compared to its average volume of 128,593. The firm has a market cap of $1.65 billion, a price-to-earnings ratio of 36.02 and a beta of 1.20. The company has a 50-day moving average of $46.14 and a 200-day moving average of $44.74. T. Rowe Price Growth ETF has a 12 month low of $37.60 and a 12 month high of $47.78.

T. Rowe Price Growth ETF Company Profile

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