T. Rowe Price Value ETF (NYSEARCA:TVAL – Get Free Report) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 12,723 shares, a decline of 56.2% from the September 30th total of 29,076 shares. Based on an average trading volume of 123,955 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in TVAL. Hopwood Financial Services Inc. raised its position in shares of T. Rowe Price Value ETF by 6.7% in the third quarter. Hopwood Financial Services Inc. now owns 55,356 shares of the company’s stock valued at $2,326,000 after buying an additional 3,493 shares during the last quarter. L.K. Benson & Company P.C. purchased a new position in shares of T. Rowe Price Value ETF during the third quarter valued at approximately $306,000. Root Financial Partners LLC purchased a new position in shares of T. Rowe Price Value ETF during the third quarter valued at approximately $65,000. Envestnet Asset Management Inc. boosted its position in T. Rowe Price Value ETF by 32.2% during the second quarter. Envestnet Asset Management Inc. now owns 105,635 shares of the company’s stock worth $4,403,000 after acquiring an additional 25,701 shares during the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new stake in T. Rowe Price Value ETF during the second quarter worth approximately $316,000.
T. Rowe Price Value ETF Trading Down 1.0%
Shares of NYSEARCA:TVAL traded down $0.44 on Friday, hitting $43.68. The company had a trading volume of 356,807 shares, compared to its average volume of 102,616. T. Rowe Price Value ETF has a 52-week low of $33.56 and a 52-week high of $44.12. The business has a 50 day moving average of $42.98 and a 200 day moving average of $40.33. The company has a market cap of $1.12 billion, a PE ratio of 20.80 and a beta of 0.79.
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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