Short Interest in ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) Expands By 939.7%

ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 7,621 shares, a growth of 939.7% from the July 30th total of 733 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,209 shares, the short-interest ratio is presently 1.2 days.

ClearBridge Large Cap Growth Select ETF Price Performance

NASDAQ LRGE traded up $0.48 on Tuesday, reaching $87.62. 9,835 shares of the company’s stock traded hands, compared to its average volume of 19,755. The stock has a market cap of $382.02 million, a PE ratio of 34.66 and a beta of 1.11. ClearBridge Large Cap Growth Select ETF has a 12 month low of $72.34 and a 12 month high of $90.16. The stock has a 50-day simple moving average of $85.99 and a 200 day simple moving average of $82.80.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of LRGE. Natural Investments LLC raised its holdings in shares of ClearBridge Large Cap Growth Select ETF by 5.5% during the second quarter. Natural Investments LLC now owns 16,181 shares of the company’s stock valued at $1,386,000 after acquiring an additional 850 shares in the last quarter. Family Manage LLC increased its position in ClearBridge Large Cap Growth Select ETF by 63.3% during the 1st quarter. Family Manage LLC now owns 11,453 shares of the company’s stock valued at $861,000 after purchasing an additional 4,439 shares during the period. Gateway Wealth Partners LLC bought a new position in ClearBridge Large Cap Growth Select ETF in the 1st quarter worth $247,000. Cetera Investment Advisers raised its holdings in ClearBridge Large Cap Growth Select ETF by 2.9% in the 1st quarter. Cetera Investment Advisers now owns 288,496 shares of the company’s stock worth $21,695,000 after purchasing an additional 8,166 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of ClearBridge Large Cap Growth Select ETF by 2.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 20,518 shares of the company’s stock worth $1,543,000 after purchasing an additional 546 shares during the period.

About ClearBridge Large Cap Growth Select ETF

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.