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

ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 4,299 shares, a decline of 43.6% from the August 15th total of 7,621 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 7,836 shares, the days-to-cover ratio is currently 0.5 days.

ClearBridge Large Cap Growth Select ETF Stock Down 0.4%

ClearBridge Large Cap Growth Select ETF stock opened at $87.81 on Tuesday. The business’s 50-day moving average price is $87.01 and its 200 day moving average price is $83.75. The firm has a market cap of $353.00 million, a price-to-earnings ratio of 34.66 and a beta of 1.12. ClearBridge Large Cap Growth Select ETF has a 52 week low of $72.34 and a 52 week high of $90.16.

Hedge Funds Weigh In On ClearBridge Large Cap Growth Select ETF

Several institutional investors have recently made changes to their positions in LRGE. Northwestern Mutual Wealth Management Co. lifted its stake 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 purchasing an additional 176,607 shares during the period. Commonwealth Equity Services LLC increased its holdings in ClearBridge Large Cap Growth Select ETF by 26.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 84,070 shares of the company’s stock valued at $6,922,000 after buying an additional 17,719 shares in the last quarter. Cetera Investment Advisers raised its position in shares of ClearBridge Large Cap Growth Select ETF by 2.9% in the first quarter. Cetera Investment Advisers now owns 288,496 shares of the company’s stock worth $21,695,000 after acquiring an additional 8,166 shares during the period. Family Manage LLC raised its position in shares of ClearBridge Large Cap Growth Select ETF by 63.3% in the first quarter. Family Manage LLC now owns 11,453 shares of the company’s stock worth $861,000 after acquiring an additional 4,439 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of ClearBridge Large Cap Growth Select ETF by 350.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 5,364 shares of the company’s stock worth $442,000 after acquiring an additional 4,173 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.