T. Rowe Price Value ETF (NYSEARCA:TVAL – Get Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 52,866 shares, a growth of 344.7% from the August 15th total of 11,888 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 99,924 shares, the short-interest ratio is currently 0.5 days.
T. Rowe Price Value ETF Stock Performance
TVAL traded up $0.41 during trading on Friday, hitting $43.11. 118,462 shares of the stock were exchanged, compared to its average volume of 96,163. The firm has a 50 day simple moving average of $42.77 and a 200 day simple moving average of $40.29. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 20.80 and a beta of 0.78. T. Rowe Price Value ETF has a 1 year low of $33.55 and a 1 year high of $43.60.
Hedge Funds Weigh In On T. Rowe Price Value ETF
Institutional investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC bought a new stake in shares of T. Rowe Price Value ETF in the first quarter valued at about $115,000. GeoWealth Management LLC bought a new position in T. Rowe Price Value ETF during the 4th quarter worth about $258,000. Jane Street Group LLC purchased a new position in T. Rowe Price Value ETF during the 2nd quarter valued at about $283,000. Integrated Wealth Concepts LLC purchased a new position in T. Rowe Price Value ETF during the 2nd quarter valued at about $316,000. Finally, Citadel Advisors LLC bought a new stake in shares of T. Rowe Price Value ETF in the 2nd quarter valued at about $345,000.
T. Rowe Price Value ETF Company Profile
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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