ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) Short Interest Up 939.7% in August

ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 7,621 shares, a growth of 939.7% from the July 30th total of 733 shares. Based on an average trading volume of 6,209 shares, the short-interest ratio is presently 1.2 days. Currently, 0.2% of the shares of the stock are short sold.

ClearBridge Large Cap Growth Select ETF Stock Up 0.6%

LRGE traded up $0.48 during midday trading on Tuesday, hitting $87.62. 9,835 shares of the company were exchanged, compared to its average volume of 19,755. The firm’s 50 day moving average price is $85.99 and its 200-day moving average price is $82.80. ClearBridge Large Cap Growth Select ETF has a 1-year low of $72.34 and a 1-year high of $90.16. The firm has a market capitalization of $382.02 million, a P/E ratio of 34.66 and a beta of 1.11.

Hedge Funds Weigh In On ClearBridge Large Cap Growth Select ETF

A number of institutional investors have recently modified their holdings of LRGE. LPL Financial LLC boosted its position in shares of ClearBridge Large Cap Growth Select ETF by 1.9% during the fourth quarter. LPL Financial LLC now owns 390,328 shares of the company’s stock valued at $32,139,000 after buying an additional 7,308 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of ClearBridge Large Cap Growth Select ETF by 2.9% during the 1st 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. Stifel Financial Corp raised its position in shares of ClearBridge Large Cap Growth Select ETF by 1.8% in the fourth quarter. Stifel Financial Corp now owns 212,388 shares of the company’s stock valued at $17,487,000 after purchasing an additional 3,801 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of ClearBridge Large Cap Growth Select ETF by 909.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 196,023 shares of the company’s stock worth $16,140,000 after acquiring an additional 176,607 shares in the last quarter. Finally, UBS Group AG boosted its stake in ClearBridge Large Cap Growth Select ETF by 7.0% in the 4th quarter. UBS Group AG now owns 146,596 shares of the company’s stock worth $12,070,000 after purchasing an additional 9,575 shares during the period.

ClearBridge Large Cap Growth Select ETF Company Profile

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.