T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) Stock Short Interest Drops 78.4%

T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 17,634 shares, a decline of 78.4% from the September 30th total of 81,648 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 295,560 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of TGRW. Security National Bank of SO Dak increased its holdings in T. Rowe Price Growth Stock ETF by 16.9% during the 2nd quarter. Security National Bank of SO Dak now owns 13,138 shares of the company’s stock worth $627,000 after purchasing an additional 1,896 shares during the period. Sigma Planning Corp boosted its stake in shares of T. Rowe Price Growth Stock ETF by 9.1% in the 1st quarter. Sigma Planning Corp now owns 20,638 shares of the company’s stock valued at $836,000 after buying an additional 1,723 shares during the period. Bank of America Corp DE boosted its stake in shares of T. Rowe Price Growth Stock ETF by 9.3% in the 1st quarter. Bank of America Corp DE now owns 26,884 shares of the company’s stock valued at $1,089,000 after buying an additional 2,281 shares during the period. Kestra Advisory Services LLC grew its position in shares of T. Rowe Price Growth Stock ETF by 36.4% during the first quarter. Kestra Advisory Services LLC now owns 28,887 shares of the company’s stock worth $1,170,000 after buying an additional 7,713 shares in the last quarter. Finally, Security National Bank of Sioux City Iowa IA grew its position in shares of T. Rowe Price Growth Stock ETF by 82.5% during the second quarter. Security National Bank of Sioux City Iowa IA now owns 53,618 shares of the company’s stock worth $2,559,000 after buying an additional 24,231 shares in the last quarter.

T. Rowe Price Growth Stock ETF Stock Up 0.9%

NYSEARCA:TGRW opened at $46.38 on Tuesday. T. Rowe Price Growth Stock ETF has a 52 week low of $38.83 and a 52 week high of $49.84. The company has a fifty day simple moving average of $47.70 and a two-hundred day simple moving average of $45.91. The company has a market cap of $1.14 billion, a price-to-earnings ratio of 40.49 and a beta of 1.22.

About T. Rowe Price Growth Stock ETF

The T. Rowe Price Growth Stock ETF (TGRW) is an exchange-traded fund that is based on the Russell 3000 Growth index. The ETF currently has 38.68m in AUM and 79 holdings. TGRW is an actively-managed, non-transparent fund that focus on companies with growth characteristics TGRW was launched on Aug 4, 2020 and is managed by T. Rowe Price.