T. Rowe Price Technology ETF (NASDAQ:TTEQ – Get Free Report) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 110,999 shares, an increase of 251.5% from the September 15th total of 31,579 shares. Based on an average daily volume of 99,023 shares, the days-to-cover ratio is currently 1.1 days. Currently, 1.0% of the company’s stock are short sold.
Institutional Trading of T. Rowe Price Technology ETF
A number of large investors have recently made changes to their positions in TTEQ. Integrity Wealth Partners LLC acquired a new position in T. Rowe Price Technology ETF during the first quarter worth approximately $1,212,000. Kestra Advisory Services LLC lifted its stake in T. Rowe Price Technology ETF by 573.6% in the first quarter. Kestra Advisory Services LLC now owns 42,102 shares of the company’s stock valued at $1,274,000 after buying an additional 35,852 shares during the last quarter. Independent Financial Group LLC purchased a new stake in T. Rowe Price Technology ETF in the first quarter valued at approximately $702,000. Integrated Wealth Concepts LLC lifted its stake in T. Rowe Price Technology ETF by 5.6% in the second quarter. Integrated Wealth Concepts LLC now owns 56,271 shares of the company’s stock valued at $2,510,000 after buying an additional 2,959 shares during the last quarter. Finally, PCG Wealth Advisors LLC boosted its holdings in shares of T. Rowe Price Technology ETF by 13.3% in the second quarter. PCG Wealth Advisors LLC now owns 23,692 shares of the company’s stock valued at $1,057,000 after acquiring an additional 2,777 shares during the period.
T. Rowe Price Technology ETF Price Performance
Shares of NASDAQ:TTEQ traded down $0.43 during trading on Tuesday, hitting $43.60. 20,283 shares of the company were exchanged, compared to its average volume of 97,995. T. Rowe Price Technology ETF has a 12-month low of $28.69 and a 12-month high of $46.42. The stock has a market capitalization of $489.67 million, a P/E ratio of 36.82 and a beta of 1.84. The firm’s 50 day moving average price is $42.76 and its 200-day moving average price is $40.61.
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.
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