T. Rowe Price Value ETF (NYSEARCA:TVAL – Get Free Report) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 60,948 shares, a growth of 308.4% from the July 15th total of 14,924 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 77,059 shares, the days-to-cover ratio is currently 0.8 days.
Hedge Funds Weigh In On T. Rowe Price Value ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of TVAL. EverSource Wealth Advisors LLC bought a new stake in shares of T. Rowe Price Value ETF during the 1st quarter valued at $115,000. GeoWealth Management LLC bought a new position in shares of T. Rowe Price Value ETF in the 4th quarter worth $258,000. Jane Street Group LLC bought a new position in shares of T. Rowe Price Value ETF in the 2nd quarter worth $283,000. Jacksonville Wealth Management LLC acquired a new stake in shares of T. Rowe Price Value ETF during the fourth quarter worth $388,000. Finally, HighTower Advisors LLC grew its stake in shares of T. Rowe Price Value ETF by 15.3% during the fourth quarter. HighTower Advisors LLC now owns 12,416 shares of the company’s stock worth $437,000 after purchasing an additional 1,651 shares during the period.
T. Rowe Price Value ETF Price Performance
Shares of NYSEARCA:TVAL opened at $43.51 on Friday. T. Rowe Price Value ETF has a one year low of $33.23 and a one year high of $43.60. The company has a 50 day moving average of $42.10 and a 200-day moving average of $39.52. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 20.80 and a beta of 0.79.
About T. Rowe Price Value ETF
The T. Rowe Price Value ETF (TVAL) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on large cap equity. TVAL is an actively managed fund of attractively valued US large-capitalization companies having the potential for stock price appreciation as perceived by the fund adviser
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