ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) Sees Significant Decrease in Short Interest

ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 6,052 shares, a decrease of 56.8% from the May 14th total of 14,013 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 14,333 shares, the short-interest ratio is presently 0.4 days.

ClearBridge Large Cap Growth Select ETF Price Performance

ClearBridge Large Cap Growth Select ETF stock traded down $0.04 during trading hours on Friday, hitting $83.95. The stock had a trading volume of 4,367 shares, compared to its average volume of 18,783. The stock has a market capitalization of $441.58 million, a price-to-earnings ratio of 34.66 and a beta of 1.11. ClearBridge Large Cap Growth Select ETF has a 1-year low of $72.34 and a 1-year high of $88.87. The stock’s fifty day moving average is $83.48 and its two-hundred day moving average is $81.41.

Institutional Trading of ClearBridge Large Cap Growth Select ETF

Several large investors have recently bought and sold shares of LRGE. Northwestern Mutual Wealth Management Co. lifted its position in shares of ClearBridge Large Cap Growth Select ETF by 909.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 196,023 shares of the company’s stock valued at $16,140,000 after acquiring an additional 176,607 shares in the last quarter. UBS Group AG lifted its position in shares of ClearBridge Large Cap Growth Select ETF by 7.0% in the fourth quarter. UBS Group AG now owns 146,596 shares of the company’s stock valued at $12,070,000 after acquiring an additional 9,575 shares in the last quarter. Opal Wealth Advisors LLC lifted its position in shares of ClearBridge Large Cap Growth Select ETF by 2.8% in the fourth quarter. Opal Wealth Advisors LLC now owns 602,940 shares of the company’s stock valued at $49,644,000 after acquiring an additional 16,423 shares in the last quarter. Natural Investments LLC purchased a new stake in shares of ClearBridge Large Cap Growth Select ETF in the fourth quarter valued at $863,000. Finally, Commonwealth Equity Services LLC lifted its position in shares of ClearBridge Large Cap Growth Select ETF by 26.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 84,070 shares of the company’s stock valued at $6,922,000 after acquiring an additional 17,719 shares in the last quarter.

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.