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

T. Rowe Price Technology ETF (NASDAQ:TTEQ) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 36,246 shares, a growth of 319.8% from the July 15th total of 8,634 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 147,023 shares, the short-interest ratio is presently 0.2 days.

T. Rowe Price Technology ETF Trading Down 0.4%

NASDAQ TTEQ traded down $0.18 on Friday, hitting $43.03. 61,067 shares of the company’s stock were exchanged, compared to its average volume of 97,895. The stock has a 50-day moving average of $41.81 and a 200-day moving average of $37.41. The stock has a market cap of $402.33 million, a price-to-earnings ratio of 36.82 and a beta of 1.88. T. Rowe Price Technology ETF has a 52 week low of $28.69 and a 52 week high of $45.76.

Institutional Investors Weigh In On T. Rowe Price Technology ETF

A number of hedge funds have recently made changes to their positions in TTEQ. RM Financial Services LLC bought a new stake in T. Rowe Price Technology ETF in the fourth quarter valued at approximately $412,000. Northwestern Mutual Wealth Management Co. boosted its stake in T. Rowe Price Technology ETF by 5,328.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 49,670 shares of the company’s stock worth $1,615,000 after acquiring an additional 48,755 shares in the last quarter. Integrity Wealth Partners LLC acquired a new stake in shares of T. Rowe Price Technology ETF in the 1st quarter valued at about $1,212,000. Independent Financial Group LLC acquired a new stake in T. Rowe Price Technology ETF in the first quarter valued at approximately $702,000. Finally, Kestra Advisory Services LLC increased its stake in T. Rowe Price Technology ETF by 573.6% during the 1st quarter. Kestra Advisory Services LLC now owns 42,102 shares of the company’s stock valued at $1,274,000 after purchasing an additional 35,852 shares in the last quarter.

T. Rowe Price Technology ETF Company Profile

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.