ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) Stock Price Down 1.8% – What’s Next?

ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE)’s stock price traded down 1.8% on Thursday . The stock traded as low as $77.52 and last traded at $77.73. 5,246 shares traded hands during trading, a decline of 76% from the average session volume of 21,802 shares. The stock had previously closed at $79.13.

ClearBridge Large Cap Growth Select ETF Price Performance

The stock’s fifty day moving average price is $82.15 and its 200 day moving average price is $81.98. The stock has a market capitalization of $404.97 million, a P/E ratio of 34.66 and a beta of 1.12.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in LRGE. Farther Finance Advisors LLC purchased a new position in ClearBridge Large Cap Growth Select ETF during the fourth quarter valued at approximately $26,000. Flagship Harbor Advisors LLC purchased a new stake in ClearBridge Large Cap Growth Select ETF during the fourth quarter worth $32,000. Bank of America Corp DE boosted its position in 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 in the last quarter. CWM LLC purchased a new position in shares of ClearBridge Large Cap Growth Select ETF in the 2nd quarter valued at $61,000. Finally, Park Avenue Securities LLC bought a new position in shares of ClearBridge Large Cap Growth Select ETF in the 3rd quarter worth $204,000.

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.