ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) Sees Significant Increase in Short Interest

ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 1,723 shares, a growth of 172.2% from the June 30th total of 633 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 39,769 shares, the days-to-cover ratio is currently 0.0 days.

ClearBridge Large Cap Growth Select ETF Trading Down 0.6%

Shares of NASDAQ LRGE traded down $0.47 during midday trading on Monday, reaching $82.81. The company’s stock had a trading volume of 5,919 shares, compared to its average volume of 21,660. ClearBridge Large Cap Growth Select ETF has a fifty-two week low of $72.34 and a fifty-two week high of $89.50. The stock has a market capitalization of $369.33 million, a price-to-earnings ratio of 34.66 and a beta of 1.11. The stock has a 50 day simple moving average of $85.58 and a 200-day simple moving average of $82.06.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of ClearBridge Large Cap Growth Select ETF by 909.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 196,023 shares of the company’s stock valued at $16,140,000 after buying an additional 176,607 shares during the last quarter. Susquehanna International Group LLP increased its holdings in ClearBridge Large Cap Growth Select ETF by 223.5% during the third quarter. Susquehanna International Group LLP now owns 30,776 shares of the company’s stock worth $2,565,000 after buying an additional 21,264 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in ClearBridge Large Cap Growth Select ETF by 26.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 84,070 shares of the company’s stock worth $6,922,000 after buying an additional 17,719 shares during the last quarter. Opal Wealth Advisors LLC increased its holdings in ClearBridge Large Cap Growth Select ETF by 2.8% during the fourth quarter. Opal Wealth Advisors LLC now owns 602,940 shares of the company’s stock worth $49,644,000 after buying an additional 16,423 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in ClearBridge Large Cap Growth Select ETF by 4.0% during the fourth quarter. Cetera Investment Advisers now owns 280,330 shares of the company’s stock worth $23,082,000 after acquiring an additional 10,892 shares in the last quarter.

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.