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 significant decrease in short interest in March. As of March 13th, there was short interest totaling 8,481 shares, a decrease of 35.2% from the February 26th total of 13,086 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 44,913 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of ClearBridge Large Cap Growth Select ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Farther Finance Advisors LLC purchased a new stake in ClearBridge Large Cap Growth Select ETF during the fourth quarter worth about $26,000. Flagship Harbor Advisors LLC purchased a new position in ClearBridge Large Cap Growth Select ETF in the fourth quarter valued at about $32,000. Bank of America Corp DE lifted its position in shares of 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 valued at $41,000 after acquiring an additional 381 shares during the period. SHP Wealth Management acquired a new stake in shares of ClearBridge Large Cap Growth Select ETF during the 4th quarter valued at approximately $49,000. Finally, Arax Advisory Partners purchased a new stake in shares of ClearBridge Large Cap Growth Select ETF during the 4th quarter worth approximately $107,000.

ClearBridge Large Cap Growth Select ETF Stock Performance

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

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.