T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) Stock Short Interest Drops 78.4%

T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 17,634 shares, a drop of 78.4% from the September 30th total of 81,648 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 295,560 shares, the short-interest ratio is currently 0.1 days.

T. Rowe Price Growth Stock ETF Trading Down 1.6%

Shares of TGRW stock traded down $0.77 during trading on Thursday, hitting $46.40. The company’s stock had a trading volume of 2,608 shares, compared to its average volume of 34,766. The company has a market cap of $1.14 billion, a PE ratio of 40.49 and a beta of 1.22. The business has a fifty day moving average of $47.67 and a 200-day moving average of $45.92. T. Rowe Price Growth Stock ETF has a 52 week low of $38.83 and a 52 week high of $49.84.

Institutional Trading of T. Rowe Price Growth Stock ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Sigma Planning Corp bought a new stake in shares of T. Rowe Price Growth Stock ETF in the 3rd quarter worth approximately $1,169,000. Security National Bank of SO Dak lifted its stake in T. Rowe Price Growth Stock ETF by 16.9% in the second quarter. Security National Bank of SO Dak now owns 13,138 shares of the company’s stock valued at $627,000 after purchasing an additional 1,896 shares during the last quarter. Security National Bank of Sioux City Iowa IA lifted its stake in T. Rowe Price Growth Stock ETF by 82.5% in the second quarter. Security National Bank of Sioux City Iowa IA now owns 53,618 shares of the company’s stock valued at $2,559,000 after purchasing an additional 24,231 shares during the last quarter. Bank of America Corp DE grew its holdings in T. Rowe Price Growth Stock ETF by 9.3% during the first quarter. Bank of America Corp DE now owns 26,884 shares of the company’s stock valued at $1,089,000 after purchasing an additional 2,281 shares during the period. Finally, Kestra Advisory Services LLC grew its holdings in T. Rowe Price Growth Stock ETF by 36.4% during the first quarter. Kestra Advisory Services LLC now owns 28,887 shares of the company’s stock valued at $1,170,000 after purchasing an additional 7,713 shares during the period.

About T. Rowe Price Growth Stock ETF

The T. Rowe Price Growth Stock ETF (TGRW) is an exchange-traded fund that is based on the Russell 3000 Growth index. The ETF currently has 38.68m in AUM and 79 holdings. TGRW is an actively-managed, non-transparent fund that focus on companies with growth characteristics TGRW was launched on Aug 4, 2020 and is managed by T. Rowe Price.