T. Rowe Price Technology ETF (NASDAQ:TTEQ) Stock Short Interest Falls 73.0%

T. Rowe Price Technology ETF (NASDAQ:TTEQ) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 29,965 shares, a decrease of 73.0% from the September 30th total of 110,999 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 125,431 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On T. Rowe Price Technology ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Sax Wealth Advisors LLC acquired a new stake in T. Rowe Price Technology ETF during the 3rd quarter worth about $286,000. Integrated Wealth Concepts LLC boosted its stake in shares of T. Rowe Price Technology ETF by 5.6% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 56,271 shares of the company’s stock worth $2,510,000 after acquiring an additional 2,959 shares in the last quarter. PCG Wealth Advisors LLC raised its holdings in T. Rowe Price Technology ETF by 13.3% in the 2nd quarter. PCG Wealth Advisors LLC now owns 23,692 shares of the company’s stock worth $1,057,000 after purchasing an additional 2,777 shares during the period. Wealthcare Capital Partners LLC boosted its holdings in T. Rowe Price Technology ETF by 4.1% in the 2nd quarter. Wealthcare Capital Partners LLC now owns 10,677 shares of the company’s stock worth $476,000 after buying an additional 422 shares during the last quarter. Finally, Western Wealth Management LLC purchased a new stake in shares of T. Rowe Price Technology ETF during the first quarter worth $45,000.

T. Rowe Price Technology ETF Stock Up 0.6%

TTEQ stock opened at $41.60 on Wednesday. The stock has a market capitalization of $489.64 million, a price-to-earnings ratio of 36.82 and a beta of 1.84. T. Rowe Price Technology ETF has a twelve month low of $28.69 and a twelve month high of $46.42. The firm’s fifty day simple moving average is $42.54 and its two-hundred day simple moving average is $38.50.

T. Rowe Price Technology ETF Company Profile

The T. Rowe Price Technology ETF (TTEQ) is an exchange-traded fund. The ETF currently has 28.34m in AUM and 56 holdings. TTEQ is actively managed, seeking long-term capital growth by investing in large-cap technology companies globally and those whose market share is largely based on their technology capabilities. TTEQ was launched on Oct 23, 2024 and is issued by T. Rowe Price.