T. Rowe Price Value ETF (NYSEARCA:TVAL) Short Interest Down 42.3% in April

T. Rowe Price Value ETF (NYSEARCA:TVAL) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 13,038 shares, a decline of 42.3% from the April 15th total of 22,610 shares. Based on an average trading volume of 48,026 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Trading of T. Rowe Price Value ETF

Several institutional investors and hedge funds have recently bought and sold shares of TVAL. Cetera Investment Advisers lifted its stake in shares of T. Rowe Price Value ETF by 22.1% in the 1st quarter. Cetera Investment Advisers now owns 131,166 shares of the company’s stock valued at $4,746,000 after purchasing an additional 23,777 shares during the period. Hopwood Financial Services Inc. raised its holdings in T. Rowe Price Value ETF by 20.7% in the 1st quarter. Hopwood Financial Services Inc. now owns 44,792 shares of the company’s stock worth $1,621,000 after purchasing an additional 7,680 shares during the period. Independent Financial Group LLC acquired a new position in T. Rowe Price Value ETF in the 1st quarter worth about $2,282,000. Northwest Wealth Advisors LLC raised its holdings in T. Rowe Price Value ETF by 22.2% in the 1st quarter. Northwest Wealth Advisors LLC now owns 177,876 shares of the company’s stock worth $6,436,000 after purchasing an additional 32,305 shares during the period. Finally, Corient Private Wealth LLC raised its holdings in T. Rowe Price Value ETF by 89.7% in the 4th quarter. Corient Private Wealth LLC now owns 40,525 shares of the company’s stock worth $1,427,000 after purchasing an additional 19,160 shares during the period.

T. Rowe Price Value ETF Trading Down 1.3%

NYSEARCA TVAL traded down $0.53 on Friday, hitting $39.92. 48,343 shares of the company’s stock traded hands, compared to its average volume of 64,919. T. Rowe Price Value ETF has a 1-year low of $31.10 and a 1-year high of $40.52. The firm’s 50-day moving average price is $37.73 and its two-hundred day moving average price is $36.56. The firm has a market capitalization of $692.61 million, a PE ratio of 20.80 and a beta of 0.82.

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