ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) Sees Large Decline in Short Interest

ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) was the recipient of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 8,481 shares, a drop of 35.2% from the February 26th total of 13,086 shares. Based on an average daily trading volume, of 44,913 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the shares of the company are sold short.

ClearBridge Large Cap Growth Select ETF Stock Performance

Shares of LRGE opened at $72.58 on Friday. ClearBridge Large Cap Growth Select ETF has a 1 year low of $60.72 and a 1 year high of $87.29. The stock has a market capitalization of $378.14 million, a P/E ratio of 34.66 and a beta of 1.12. The company’s fifty day moving average is $78.98 and its two-hundred day moving average is $81.49.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its holdings in ClearBridge Large Cap Growth Select ETF by 226.8% in the 4th quarter. Bank of America Corp DE now owns 549 shares of the company’s stock valued at $41,000 after purchasing an additional 381 shares in the last quarter. Steward Partners Investment Advisory LLC raised its stake in shares of ClearBridge Large Cap Growth Select ETF by 445.0% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 6,153 shares of the company’s stock worth $488,000 after buying an additional 5,024 shares in the last quarter. MML Investors Services LLC raised its stake in shares of ClearBridge Large Cap Growth Select ETF by 2.2% during the 2nd quarter. MML Investors Services LLC now owns 6,974 shares of the company’s stock worth $553,000 after buying an additional 148 shares in the last quarter. AA Financial Advisors LLC lifted its holdings in shares of ClearBridge Large Cap Growth Select ETF by 9.4% in the 3rd quarter. AA Financial Advisors LLC now owns 121,330 shares of the company’s stock valued at $10,113,000 after buying an additional 10,401 shares during the period. Finally, Mezzasalma Advisors LLC acquired a new stake in shares of ClearBridge Large Cap Growth Select ETF in the 3rd quarter valued at approximately $335,000.

ClearBridge Large Cap Growth Select ETF Company Profile

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.