T. Rowe Price Technology ETF (NASDAQ:TTEQ) Short Interest Down 93.1% in February

T. Rowe Price Technology ETF (NASDAQ:TTEQ) was the recipient of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 6,276 shares, a decrease of 93.1% from the January 29th total of 90,913 shares. Based on an average daily volume of 70,130 shares, the short-interest ratio is currently 0.1 days. Approximately 0.2% of the shares of the company are sold short. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 70,130 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On T. Rowe Price Technology ETF

Several institutional investors and hedge funds have recently bought and sold shares of TTEQ. Envestnet Asset Management Inc. bought a new stake in T. Rowe Price Technology ETF during the second quarter valued at about $546,000. 4J Wealth Management LLC raised its stake in shares of T. Rowe Price Technology ETF by 5.1% in the second quarter. 4J Wealth Management LLC now owns 97,806 shares of the company’s stock worth $2,844,000 after buying an additional 4,772 shares during the period. United Advisor Group LLC purchased a new position in shares of T. Rowe Price Technology ETF during the 2nd quarter valued at about $632,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of T. Rowe Price Technology ETF during the 2nd quarter valued at approximately $27,000. Finally, Jane Street Group LLC grew its stake in shares of T. Rowe Price Technology ETF by 306.4% during the 2nd quarter. Jane Street Group LLC now owns 50,000 shares of the company’s stock valued at $1,454,000 after acquiring an additional 37,697 shares during the period.

T. Rowe Price Technology ETF Stock Up 1.9%

TTEQ traded up $0.62 during trading on Wednesday, hitting $32.93. The company’s stock had a trading volume of 10,925 shares, compared to its average volume of 67,795. The business’s 50 day simple moving average is $32.74 and its 200-day simple moving average is $32.36. The firm has a market cap of $133.37 million, a PE ratio of 36.82 and a beta of 1.84. T. Rowe Price Technology ETF has a one year low of $19.83 and a one year high of $35.02.

About T. Rowe Price Technology ETF

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.