T. Rowe Price Value ETF (NYSEARCA:TVAL – Get Free Report) saw a significant decrease in short interest in August. As of August 14th, there was short interest totaling 11,888 shares, a decrease of 80.5% from the July 30th total of 60,948 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 70,465 shares, the short-interest ratio is currently 0.2 days.
Hedge Funds Weigh In On T. Rowe Price Value ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC bought a new position in T. Rowe Price Value ETF during the first quarter valued at about $115,000. GeoWealth Management LLC purchased a new position in T. Rowe Price Value ETF in the fourth quarter valued at about $258,000. Jane Street Group LLC purchased a new position in T. Rowe Price Value ETF in the second quarter valued at about $283,000. Jacksonville Wealth Management LLC purchased a new position in T. Rowe Price Value ETF in the fourth quarter valued at about $388,000. Finally, HighTower Advisors LLC grew its position in shares of T. Rowe Price Value ETF by 15.3% during the 4th quarter. HighTower Advisors LLC now owns 12,416 shares of the company’s stock valued at $437,000 after acquiring an additional 1,651 shares during the period.
T. Rowe Price Value ETF Trading Up 0.1%
Shares of TVAL traded up $0.03 on Wednesday, reaching $43.26. 31,349 shares of the company’s stock traded hands, compared to its average volume of 95,646. The stock has a market cap of $1.01 billion, a PE ratio of 20.80 and a beta of 0.79. The stock’s 50 day simple moving average is $42.40 and its two-hundred day simple moving average is $39.84. T. Rowe Price Value ETF has a 52-week low of $33.37 and a 52-week high of $43.60.
About T. Rowe Price Value ETF
The T. Rowe Price Value ETF (TVAL) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on large cap equity. TVAL is an actively managed fund of attractively valued US large-capitalization companies having the potential for stock price appreciation as perceived by the fund adviser
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