T. Rowe Price Value ETF (NYSEARCA:TVAL) Short Interest Update

T. Rowe Price Value ETF (NYSEARCA:TVAL) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 35,321 shares, an increase of 146.3% from the May 31st total of 14,339 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 54,002 shares, the short-interest ratio is presently 0.7 days.

Hedge Funds Weigh In On T. Rowe Price Value ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC acquired a new position in shares of T. Rowe Price Value ETF during the 1st quarter worth approximately $115,000. Cetera Investment Advisers increased its position in shares of T. Rowe Price Value ETF by 22.1% in the first quarter. Cetera Investment Advisers now owns 131,166 shares of the company’s stock worth $4,746,000 after purchasing an additional 23,777 shares during the period. Hopwood Financial Services Inc. raised its stake in T. Rowe Price Value ETF by 20.7% in the first quarter. Hopwood Financial Services Inc. now owns 44,792 shares of the company’s stock valued at $1,621,000 after purchasing an additional 7,680 shares in the last quarter. Independent Financial Group LLC bought a new stake in T. Rowe Price Value ETF during the first quarter worth about $2,282,000. Finally, Northwest Wealth Advisors LLC lifted its position in T. Rowe Price Value ETF by 22.2% during the first quarter. Northwest Wealth Advisors LLC now owns 177,876 shares of the company’s stock worth $6,436,000 after purchasing an additional 32,305 shares during the period.

T. Rowe Price Value ETF Price Performance

TVAL traded up $0.15 during trading on Monday, hitting $41.55. The stock had a trading volume of 38,197 shares, compared to its average volume of 102,258. The company has a 50 day moving average price of $40.23 and a 200-day moving average price of $37.91. T. Rowe Price Value ETF has a one year low of $32.26 and a one year high of $41.79. The firm has a market cap of $720.89 million, a price-to-earnings ratio of 20.80 and a beta of 0.81.

About T. Rowe Price Value ETF

The T. Rowe Price Value ETF (TVAL) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on large cap equity. TVAL is an actively managed fund of attractively valued US large-capitalization companies having the potential for stock price appreciation as perceived by the fund adviser