T. Rowe Price Technology ETF (NASDAQ:TTEQ) Short Interest Update

T. Rowe Price Technology ETF (NASDAQ:TTEQ) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 8,634 shares, a drop of 79.1% from the June 30th total of 41,355 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 85,713 shares, the short-interest ratio is currently 0.1 days.

T. Rowe Price Technology ETF Price Performance

Shares of TTEQ opened at $39.45 on Friday. The firm has a market capitalization of $334.54 million, a P/E ratio of 36.82 and a beta of 1.82. T. Rowe Price Technology ETF has a one year low of $28.69 and a one year high of $45.76. The business has a fifty day moving average of $42.45 and a 200 day moving average of $36.66.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Wealthcare Capital Partners LLC increased its position in shares of T. Rowe Price Technology ETF by 4.1% during the 2nd quarter. Wealthcare Capital Partners LLC now owns 10,677 shares of the company’s stock valued at $476,000 after purchasing an additional 422 shares during the last quarter. Western Wealth Management LLC bought a new stake in T. Rowe Price Technology ETF during the first quarter valued at approximately $45,000. Cetera Investment Advisers increased its holdings in 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 valued at $882,000 after buying an additional 3,384 shares during the last quarter. Independent Financial Group LLC purchased a new stake in T. Rowe Price Technology ETF during the first quarter valued at approximately $702,000. Finally, Kestra Advisory Services LLC increased its holdings in T. Rowe Price Technology ETF by 573.6% during the first quarter. Kestra Advisory Services LLC now owns 42,102 shares of the company’s stock valued at $1,274,000 after buying an additional 35,852 shares during the last quarter.

About T. Rowe Price Technology ETF

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.