ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) Trading Down 1.8% – Here’s What Happened

Shares of ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) were down 1.8% during mid-day trading on Thursday . The stock traded as low as $77.52 and last traded at $77.73. Approximately 5,246 shares were traded during trading, a decline of 76% from the average daily volume of 21,802 shares. The stock had previously closed at $79.13.

ClearBridge Large Cap Growth Select ETF Stock Performance

The company has a market cap of $404.97 million, a price-to-earnings ratio of 34.66 and a beta of 1.12. The stock’s fifty day simple moving average is $82.15 and its two-hundred day simple moving average is $81.98.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC bought a new position in ClearBridge Large Cap Growth Select ETF in the 4th quarter worth about $26,000. Flagship Harbor Advisors LLC acquired a new position in shares of ClearBridge Large Cap Growth Select ETF in the 4th quarter valued at $32,000. Bank of America Corp DE grew its position in ClearBridge Large Cap Growth Select ETF by 226.8% during the 4th quarter. Bank of America Corp DE now owns 549 shares of the company’s stock worth $41,000 after purchasing an additional 381 shares in the last quarter. CWM LLC acquired a new stake in ClearBridge Large Cap Growth Select ETF during the 2nd quarter worth about $61,000. Finally, Park Avenue Securities LLC acquired a new position in ClearBridge Large Cap Growth Select ETF in the 3rd quarter valued at approximately $204,000.

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.