T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) Short Interest Up 111.9% in January

T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 11,337 shares, an increase of 111.9% from the December 31st total of 5,350 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 43,081 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 43,081 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

T. Rowe Price Growth Stock ETF Stock Performance

Shares of NYSEARCA TGRW opened at $44.91 on Friday. The stock has a market capitalization of $904.94 million, a P/E ratio of 40.49 and a beta of 1.18. The stock’s fifty day moving average is $45.86 and its 200 day moving average is $45.14. T. Rowe Price Growth Stock ETF has a 52 week low of $30.81 and a 52 week high of $48.16.

Hedge Funds Weigh In On T. Rowe Price Growth Stock ETF

Several hedge funds and other institutional investors have recently made changes to their positions in TGRW. Harbour Investments Inc. boosted its position in shares of T. Rowe Price Growth Stock ETF by 592.0% during the 2nd quarter. Harbour Investments Inc. now owns 1,384 shares of the company’s stock worth $58,000 after acquiring an additional 1,184 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in T. Rowe Price Growth Stock ETF during the second quarter worth $2,909,000. Berman McAleer LLC acquired a new stake in shares of T. Rowe Price Growth Stock ETF in the 3rd quarter valued at $1,179,000. National Pension Service boosted its holdings in shares of T. Rowe Price Growth Stock ETF by 272.5% in the 3rd quarter. National Pension Service now owns 15,814,477 shares of the company’s stock valued at $720,337,000 after purchasing an additional 11,568,700 shares in the last quarter. Finally, Sigma Planning Corp increased its stake in shares of T. Rowe Price Growth Stock ETF by 26.1% in the 2nd quarter. Sigma Planning Corp now owns 17,394 shares of the company’s stock valued at $731,000 after purchasing an additional 3,595 shares during the last quarter.

T. Rowe Price Growth Stock ETF Company Profile

The T. Rowe Price Growth Stock ETF (TGRW) is an exchange-traded fund that is based on the Russell 3000 Growth index. The ETF currently has 38.68m in AUM and 79 holdings. TGRW is an actively-managed, non-transparent fund that focus on companies with growth characteristics TGRW was launched on Aug 4, 2020 and is managed by T. Rowe Price.