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

ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) saw a significant drop in short interest in December. As of December 31st, there was short interest totaling 3,848 shares, a drop of 46.9% from the December 15th total of 7,249 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 10,022 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 10,022 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On ClearBridge Large Cap Growth Select ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE raised its holdings in shares of ClearBridge Large Cap Growth Select ETF by 226.8% in the fourth quarter. Bank of America Corp DE now owns 549 shares of the company’s stock valued at $41,000 after buying an additional 381 shares during the last quarter. AA Financial Advisors LLC boosted its stake in shares of ClearBridge Large Cap Growth Select ETF by 11.1% during the 2nd quarter. AA Financial Advisors LLC now owns 110,929 shares of the company’s stock worth $8,798,000 after acquiring an additional 11,102 shares in the last quarter. Opal Wealth Advisors LLC increased its position in shares of ClearBridge Large Cap Growth Select ETF by 2.7% in the second quarter. Opal Wealth Advisors LLC now owns 573,799 shares of the company’s stock valued at $45,508,000 after buying an additional 14,929 shares in the last quarter. ST Germain D J Co. Inc. purchased a new stake in shares of ClearBridge Large Cap Growth Select ETF in the second quarter valued at about $25,000. Finally, Truist Financial Corp raised its holdings in shares of ClearBridge Large Cap Growth Select ETF by 12.7% in the second quarter. Truist Financial Corp now owns 39,109 shares of the company’s stock worth $3,102,000 after acquiring an additional 4,417 shares during the last quarter.

ClearBridge Large Cap Growth Select ETF Price Performance

LRGE traded down $0.02 on Friday, reaching $81.93. 13,964 shares of the stock were exchanged, compared to its average volume of 22,724. The company’s 50-day moving average price is $82.24 and its 200 day moving average price is $81.82. The firm has a market capitalization of $430.95 million, a PE ratio of 34.66 and a beta of 1.12. ClearBridge Large Cap Growth Select ETF has a fifty-two week low of $60.72 and a fifty-two week high of $87.29.

About ClearBridge Large Cap Growth Select ETF

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.