Short Interest in T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) Increases By 135.6%

T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 5,350 shares, an increase of 135.6% from the December 15th total of 2,271 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 4,857 shares, the short-interest ratio is presently 1.1 days. Based on an average daily volume of 4,857 shares, the short-interest ratio is presently 1.1 days. Currently, 0.0% of the shares of the stock are sold short.

T. Rowe Price Growth Stock ETF Stock Up 0.1%

Shares of NYSEARCA TGRW traded up $0.06 during midday trading on Friday, reaching $45.56. 1,719 shares of the company were exchanged, compared to its average volume of 39,237. The stock’s 50-day moving average price is $45.93 and its 200-day moving average price is $44.88. The stock has a market cap of $908.84 million, a P/E ratio of 40.49 and a beta of 1.18. T. Rowe Price Growth Stock ETF has a one year low of $30.81 and a one year high of $48.16.

Institutional Trading of T. Rowe Price Growth Stock ETF

A number of hedge funds have recently made changes to their positions in TGRW. National Pension Service increased its stake in shares of T. Rowe Price Growth Stock ETF by 272.5% in the third quarter. National Pension Service now owns 15,814,477 shares of the company’s stock valued at $720,337,000 after buying an additional 11,568,700 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in T. Rowe Price Growth Stock ETF by 6.2% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 73,479 shares of the company’s stock worth $3,347,000 after acquiring an additional 4,289 shares during the last quarter. Bank of America Corp DE increased its position in T. Rowe Price Growth Stock ETF by 13.5% in the 3rd quarter. Bank of America Corp DE now owns 25,894 shares of the company’s stock valued at $1,179,000 after acquiring an additional 3,089 shares during the period. Berman McAleer LLC bought a new position in shares of T. Rowe Price Growth Stock ETF during the third quarter valued at $1,179,000. Finally, Compass Financial Group INC SD lifted its holdings in shares of T. Rowe Price Growth Stock ETF by 1.7% during the third quarter. Compass Financial Group INC SD now owns 22,939 shares of the company’s stock worth $1,045,000 after purchasing an additional 373 shares during the period.

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.