T. Rowe Price Technology ETF (NASDAQ:TTEQ) Short Interest Update

T. Rowe Price Technology ETF (NASDAQ:TTEQ) saw a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 8,634 shares, a drop of 79.1% from the June 30th total of 41,355 shares. Based on an average daily trading volume, of 85,713 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

T. Rowe Price Technology ETF Stock Performance

NASDAQ TTEQ opened at $39.45 on Friday. T. Rowe Price Technology ETF has a one year low of $28.69 and a one year high of $45.76. The stock has a 50-day moving average of $42.45 and a 200 day moving average of $36.66. The company has a market capitalization of $334.54 million, a price-to-earnings ratio of 36.82 and a beta of 1.82.

Institutional Trading of T. Rowe Price Technology ETF

A number of institutional investors have recently made changes to their positions in TTEQ. Northwestern Mutual Wealth Management Co. purchased a new position in shares of T. Rowe Price Technology ETF during the second quarter valued at approximately $27,000. Arax Advisory Partners bought a new position in T. Rowe Price Technology ETF during the fourth quarter valued at approximately $31,000. Private Trust Co. NA purchased a new stake in T. Rowe Price Technology ETF in the fourth quarter worth approximately $39,000. Western Wealth Management LLC purchased a new stake in T. Rowe Price Technology ETF in the first quarter worth approximately $45,000. Finally, Osaic Holdings Inc. boosted its holdings in T. Rowe Price Technology ETF by 43.9% in the fourth quarter. Osaic Holdings Inc. now owns 8,308 shares of the company’s stock worth $270,000 after purchasing an additional 2,536 shares during the last quarter.

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.