Royal Bank of Canada Trims Stake in ClearBridge Large Cap Growth Select ETF $LRGE

Royal Bank of Canada reduced its stake in ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) by 31.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 255,111 shares of the company’s stock after selling 119,148 shares during the period. Royal Bank of Canada’s holdings in ClearBridge Large Cap Growth Select ETF were worth $19,184,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Opal Wealth Advisors LLC boosted its position in ClearBridge Large Cap Growth Select ETF by 2.8% during the 4th quarter. Opal Wealth Advisors LLC now owns 602,940 shares of the company’s stock valued at $49,644,000 after acquiring an additional 16,423 shares in the last quarter. LPL Financial LLC lifted its stake in shares of ClearBridge Large Cap Growth Select ETF by 1.9% in the 4th quarter. LPL Financial LLC now owns 390,328 shares of the company’s stock valued at $32,139,000 after purchasing an additional 7,308 shares during the period. Cetera Investment Advisers lifted its stake in shares of ClearBridge Large Cap Growth Select ETF by 2.9% in the 1st quarter. Cetera Investment Advisers now owns 288,496 shares of the company’s stock valued at $21,695,000 after purchasing an additional 8,166 shares during the period. Stifel Financial Corp boosted its position in shares of ClearBridge Large Cap Growth Select ETF by 1.8% during the fourth quarter. Stifel Financial Corp now owns 212,388 shares of the company’s stock valued at $17,487,000 after purchasing an additional 3,801 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of ClearBridge Large Cap Growth Select ETF by 909.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 196,023 shares of the company’s stock valued at $16,140,000 after purchasing an additional 176,607 shares in the last quarter.

ClearBridge Large Cap Growth Select ETF Trading Down 0.8%

LRGE opened at $86.94 on Friday. The stock has a fifty day simple moving average of $85.32 and a two-hundred day simple moving average of $82.17. The company has a market cap of $379.06 million, a price-to-earnings ratio of 34.66 and a beta of 1.11. ClearBridge Large Cap Growth Select ETF has a 12-month low of $72.34 and a 12-month high of $89.50.

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.