T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) Sees Significant Drop in Short Interest
by Renee Jackson · The Cerbat GemT. Rowe Price Growth Stock ETF (NYSEARCA:TGRW – Get Free Report) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 2,271 shares, a drop of 61.2% from the November 30th total of 5,855 shares. Based on an average trading volume of 29,293 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 29,293 shares, the short-interest ratio is presently 0.1 days.
Hedge Funds Weigh In On T. Rowe Price Growth Stock ETF
A number of institutional investors and hedge funds have recently modified their holdings of the business. National Pension Service grew its position in shares of T. Rowe Price Growth Stock ETF by 272.5% during the 3rd quarter. National Pension Service now owns 15,814,477 shares of the company’s stock worth $720,337,000 after buying an additional 11,568,700 shares during the period. Northwestern Mutual Wealth Management Co. bought a new position in T. Rowe Price Growth Stock ETF during the second quarter worth $2,909,000. Berman McAleer LLC acquired a new stake in T. Rowe Price Growth Stock ETF in the third quarter worth $1,179,000. XY Planning Network Inc. bought a new stake in T. Rowe Price Growth Stock ETF in the second quarter valued at $407,000. Finally, BLVD Private Wealth LLC acquired a new position in shares of T. Rowe Price Growth Stock ETF during the second quarter valued at about $291,000.
T. Rowe Price Growth Stock ETF Stock Performance
Shares of NYSEARCA:TGRW traded up $0.06 during midday trading on Friday, reaching $46.60. The company’s stock had a trading volume of 1,765 shares, compared to its average volume of 56,063. The firm has a market capitalization of $916.62 million, a price-to-earnings ratio of 40.49 and a beta of 1.18. The firm has a 50 day moving average price of $46.08 and a two-hundred day moving average price of $44.31. T. Rowe Price Growth Stock ETF has a fifty-two week low of $30.81 and a fifty-two week high of $48.16.
T. Rowe Price Growth Stock ETF Company Profile
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.