T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) Short Interest Up 22.9% in February

T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) was the target of a significant increase in short interest in February. As of February 27th, there was short interest totaling 25,454 shares, an increase of 22.9% from the February 12th total of 20,714 shares. Based on an average daily trading volume, of 68,057 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 68,057 shares, the days-to-cover ratio is presently 0.4 days.

T. Rowe Price Growth Stock ETF Stock Performance

Shares of NYSEARCA:TGRW opened at $41.77 on Monday. The business’s 50-day simple moving average is $44.17 and its 200 day simple moving average is $45.14. The company has a market cap of $853.78 million, a P/E ratio of 40.49 and a beta of 1.18. T. Rowe Price Growth Stock ETF has a one year low of $30.81 and a one year high of $48.16.

Institutional Trading of T. Rowe Price Growth Stock ETF

A number of hedge funds have recently made changes to their positions in TGRW. National Pension Service boosted its stake in shares of T. Rowe Price Growth Stock ETF by 272.5% in the third 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 during the period. Price T Rowe Associates Inc. MD increased its stake in T. Rowe Price Growth Stock ETF by 13.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,370,001 shares of the company’s stock worth $109,044,000 after buying an additional 275,000 shares during the period. Westwood Wealth Management purchased a new stake in T. Rowe Price Growth Stock ETF during the 4th quarter worth $3,542,000. Northwestern Mutual Wealth Management Co. lifted its holdings in T. Rowe Price Growth Stock ETF by 0.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 73,929 shares of the company’s stock worth $3,402,000 after buying an additional 450 shares in the last quarter. Finally, MidFirst Bank acquired a new position in T. Rowe Price Growth Stock ETF in the 4th quarter worth $2,964,000.

About T. Rowe Price Growth Stock ETF

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.