ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) Short Interest Down 81.8% in March
by Kim Johansen · The Markets DailyClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE – Get Free Report) was the target of a large drop in short interest in March. As of March 31st, there was short interest totaling 1,542 shares, a drop of 81.8% from the March 15th total of 8,481 shares. Based on an average daily volume of 15,272 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.
ClearBridge Large Cap Growth Select ETF Price Performance
Shares of LRGE traded up $0.13 during midday trading on Friday, reaching $78.28. The stock had a trading volume of 27,883 shares, compared to its average volume of 22,453. ClearBridge Large Cap Growth Select ETF has a 1-year low of $63.28 and a 1-year high of $87.29. The company’s fifty day simple moving average is $77.81 and its two-hundred day simple moving average is $81.08. The company has a market cap of $415.67 million, a price-to-earnings ratio of 34.66 and a beta of 1.13.
Institutional Investors Weigh In On ClearBridge Large Cap Growth Select ETF
Hedge funds and other institutional investors have recently modified their holdings of the company. Farther Finance Advisors LLC acquired a new stake in shares of ClearBridge Large Cap Growth Select ETF in the 4th quarter valued at $26,000. Flagship Harbor Advisors LLC acquired a new stake in ClearBridge Large Cap Growth Select ETF during the 4th quarter worth $32,000. Bank of America Corp DE raised its stake in ClearBridge Large Cap Growth Select ETF by 226.8% during the 4th quarter. Bank of America Corp DE now owns 549 shares of the company’s stock worth $41,000 after acquiring an additional 381 shares in the last quarter. SHP Wealth Management acquired a new stake in ClearBridge Large Cap Growth Select ETF during the 4th quarter worth $49,000. Finally, Arax Advisory Partners acquired a new stake in ClearBridge Large Cap Growth Select ETF during the 4th quarter worth $107,000.
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.