T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) Sees Significant Growth in Short Interest

T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) was the target of a large increase in short interest in February. As of February 27th, there was short interest totaling 25,454 shares, an increase of 22.9% from the February 12th total of 20,714 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 68,057 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 68,057 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Trading of T. Rowe Price Growth Stock ETF

A number of institutional investors have recently added to or reduced their stakes in TGRW. Kestra Advisory Services LLC boosted its holdings in shares of T. Rowe Price Growth Stock ETF by 1.4% during the fourth quarter. Kestra Advisory Services LLC now owns 21,174 shares of the company’s stock worth $974,000 after purchasing an additional 283 shares during the period. Compass Financial Group INC SD boosted its holdings in T. Rowe Price Growth Stock ETF by 1.7% during the third quarter. Compass Financial Group INC SD now owns 22,939 shares of the company’s stock valued at $1,045,000 after purchasing an additional 373 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of T. Rowe Price Growth Stock ETF by 78.5% during the fourth quarter. Farther Finance Advisors LLC now owns 937 shares of the company’s stock worth $43,000 after buying an additional 412 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in T. Rowe Price Growth Stock ETF by 0.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 73,929 shares of the company’s stock worth $3,402,000 after purchasing an additional 450 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in shares of T. Rowe Price Growth Stock ETF by 162.9% during the second quarter. Geneos Wealth Management Inc. now owns 920 shares of the company’s stock worth $39,000 after buying an additional 570 shares during the last quarter.

T. Rowe Price Growth Stock ETF Stock Performance

NYSEARCA TGRW traded down $0.01 during trading on Tuesday, reaching $42.32. The company’s stock had a trading volume of 18,995 shares, compared to its average volume of 37,865. The firm has a market cap of $865.02 million, a price-to-earnings ratio of 40.49 and a beta of 1.18. The business’s fifty day moving average price is $44.09 and its 200-day moving average price is $45.13. T. Rowe Price Growth Stock ETF has a twelve month low of $30.81 and a twelve month high of $48.16.

T. Rowe Price Growth Stock ETF Company Profile

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.