T. Rowe Price Technology ETF (NASDAQ:TTEQ) Stock Short Interest Climbs 251.5%

T. Rowe Price Technology ETF (NASDAQ:TTEQ) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 110,999 shares, a growth of 251.5% from the September 15th total of 31,579 shares. Based on an average daily volume of 99,023 shares, the short-interest ratio is presently 1.1 days. Currently, 1.0% of the company’s stock are sold short.

Institutional Investors Weigh In On T. Rowe Price Technology ETF

A number of institutional investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC lifted its stake in T. Rowe Price Technology ETF by 5.6% during the second quarter. Integrated Wealth Concepts LLC now owns 56,271 shares of the company’s stock worth $2,510,000 after purchasing an additional 2,959 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in T. Rowe Price Technology ETF by 573.6% in the first quarter. Kestra Advisory Services LLC now owns 42,102 shares of the company’s stock worth $1,274,000 after purchasing an additional 35,852 shares during the period. Integrity Wealth Partners LLC bought a new stake in T. Rowe Price Technology ETF during the first quarter valued at $1,212,000. PCG Wealth Advisors LLC increased its stake in T. Rowe Price Technology ETF by 13.3% during the second quarter. PCG Wealth Advisors LLC now owns 23,692 shares of the company’s stock valued at $1,057,000 after purchasing an additional 2,777 shares during the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of T. Rowe Price Technology ETF by 13.1% during the first quarter. Cetera Investment Advisers now owns 29,142 shares of the company’s stock worth $882,000 after purchasing an additional 3,384 shares during the period.

T. Rowe Price Technology ETF Trading Up 0.8%

T. Rowe Price Technology ETF stock traded up $0.34 during midday trading on Friday, hitting $44.85. The stock had a trading volume of 48,702 shares, compared to its average volume of 98,566. The business has a fifty day moving average price of $42.68 and a 200 day moving average price of $40.45. T. Rowe Price Technology ETF has a 12 month low of $28.69 and a 12 month high of $46.42. The stock has a market cap of $503.67 million, a P/E ratio of 36.82 and a beta of 1.84.

T. Rowe Price Technology ETF Company Profile

The T. Rowe Price Technology ETF (TTEQ) is an exchange-traded fund. The ETF currently has 28.34m in AUM and 56 holdings. TTEQ is actively managed, seeking long-term capital growth by investing in large-cap technology companies globally and those whose market share is largely based on their technology capabilities. TTEQ was launched on Oct 23, 2024 and is issued by T. Rowe Price.