T. Rowe Price Value ETF (NYSEARCA:TVAL) Sees Large Decrease in Short Interest

T. Rowe Price Value ETF (NYSEARCA:TVALGet Free Report) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 14,924 shares, a drop of 59.3% from the June 30th total of 36,633 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 71,094 shares, the days-to-cover ratio is presently 0.2 days.

T. Rowe Price Value ETF Price Performance

Shares of TVAL traded up $0.25 during mid-day trading on Tuesday, reaching $42.66. 103,226 shares of the company’s stock were exchanged, compared to its average volume of 98,608. The stock has a market capitalization of $987.58 million, a PE ratio of 20.80 and a beta of 0.79. The business’s fifty day simple moving average is $41.43 and its 200-day simple moving average is $38.93. T. Rowe Price Value ETF has a 52-week low of $32.26 and a 52-week high of $42.75.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in TVAL. EverSource Wealth Advisors LLC purchased a new stake in shares of T. Rowe Price Value ETF during the 1st quarter worth $115,000. GeoWealth Management LLC purchased a new position in shares of T. Rowe Price Value ETF in the 4th quarter valued at about $258,000. Jane Street Group LLC acquired a new stake in shares of T. Rowe Price Value ETF in the second quarter valued at about $283,000. Jacksonville Wealth Management LLC acquired a new stake in shares of T. Rowe Price Value ETF in the fourth quarter valued at about $388,000. Finally, HighTower Advisors LLC lifted its stake in shares of T. Rowe Price Value ETF by 15.3% in the fourth quarter. HighTower Advisors LLC now owns 12,416 shares of the company’s stock valued at $437,000 after purchasing an additional 1,651 shares during the period.

About T. Rowe Price Value ETF

(Get Free Report)

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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