Short Interest in T. Rowe Price Growth ETF (NYSEARCA:TGRT) Declines By 38.4%

T. Rowe Price Growth ETF (NYSEARCA:TGRT) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 34,299 shares, a drop of 38.4% from the May 14th total of 55,725 shares. Based on an average daily volume of 98,544 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

T. Rowe Price Growth ETF Price Performance

T. Rowe Price Growth ETF stock opened at $44.72 on Monday. T. Rowe Price Growth ETF has a 12-month low of $37.60 and a 12-month high of $47.69. The stock has a market capitalization of $1.17 billion, a P/E ratio of 36.02 and a beta of 1.18. The firm’s 50-day moving average is $44.68 and its two-hundred day moving average is $43.43.

Institutional Investors Weigh In On T. Rowe Price Growth ETF

Several hedge funds have recently modified their holdings of the stock. Price T Rowe Associates Inc. MD boosted its position in shares of T. Rowe Price Growth ETF by 12.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 9,260,089 shares of the company’s stock worth $411,134,000 after acquiring an additional 1,010,365 shares during the last quarter. LPL Financial LLC boosted its position in shares of T. Rowe Price Growth ETF by 3.2% in the fourth quarter. LPL Financial LLC now owns 1,258,564 shares of the company’s stock worth $55,691,000 after acquiring an additional 39,137 shares during the last quarter. Private Advisor Group LLC boosted its position in shares of T. Rowe Price Growth ETF by 0.8% in the third quarter. Private Advisor Group LLC now owns 379,659 shares of the company’s stock worth $16,568,000 after acquiring an additional 3,070 shares during the last quarter. Flagship Wealth Advisors LLC boosted its position in shares of T. Rowe Price Growth ETF by 12.5% in the fourth quarter. Flagship Wealth Advisors LLC now owns 112,710 shares of the company’s stock worth $4,987,000 after acquiring an additional 12,538 shares during the last quarter. Finally, Northwest Wealth Advisors LLC boosted its position in shares of T. Rowe Price Growth ETF by 33.5% in the first quarter. Northwest Wealth Advisors LLC now owns 109,900 shares of the company’s stock worth $4,320,000 after acquiring an additional 27,559 shares during the last quarter.

T. Rowe Price Growth ETF Company Profile

The T. Rowe Price Growth ETF (TGRT) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on large cap equity. TGRT is an actively managed fund that invests in US large-cap companies believed to have strong growth potential