ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) Short Interest Down 56.8% in May

ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 6,052 shares, a drop of 56.8% from the May 14th total of 14,013 shares. Based on an average daily volume of 14,333 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are short sold.

ClearBridge Large Cap Growth Select ETF Price Performance

Shares of ClearBridge Large Cap Growth Select ETF stock opened at $83.99 on Friday. The firm has a market cap of $441.79 million, a price-to-earnings ratio of 34.66 and a beta of 1.11. The stock’s 50-day moving average is $83.31 and its 200-day moving average is $81.39. ClearBridge Large Cap Growth Select ETF has a one year low of $72.34 and a one year high of $88.87.

Hedge Funds Weigh In On ClearBridge Large Cap Growth Select ETF

A number of large investors have recently bought and sold shares of LRGE. Opal Wealth Advisors LLC grew its stake in shares of ClearBridge Large Cap Growth Select ETF by 2.8% during the 4th quarter. Opal Wealth Advisors LLC now owns 602,940 shares of the company’s stock worth $49,644,000 after acquiring an additional 16,423 shares in the last quarter. LPL Financial LLC lifted its position in shares of ClearBridge Large Cap Growth Select ETF by 1.9% in the fourth quarter. LPL Financial LLC now owns 390,328 shares of the company’s stock worth $32,139,000 after purchasing an additional 7,308 shares in the last quarter. Cetera Investment Advisers boosted its holdings in ClearBridge Large Cap Growth Select ETF by 2.9% during the first quarter. Cetera Investment Advisers now owns 288,496 shares of the company’s stock worth $21,695,000 after purchasing an additional 8,166 shares during the last quarter. Stifel Financial Corp grew its position in 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 in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in ClearBridge Large Cap Growth Select ETF by 909.6% in the fourth 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 in the last quarter.

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.