Short Interest in ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) Drops By 85.5%

ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 879 shares, a decrease of 85.5% from the May 31st total of 6,052 shares. Based on an average daily trading volume, of 18,561 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

ClearBridge Large Cap Growth Select ETF Trading Down 0.9%

Shares of NASDAQ:LRGE opened at $81.98 on Friday. The stock’s 50-day moving average price is $84.74 and its two-hundred day moving average price is $81.56. ClearBridge Large Cap Growth Select ETF has a 12-month low of $72.34 and a 12-month high of $88.87. The firm has a market cap of $431.21 million, a price-to-earnings ratio of 34.66 and a beta of 1.11.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Stephens Inc. AR boosted its position in shares of ClearBridge Large Cap Growth Select ETF by 1.7% in the first quarter. Stephens Inc. AR now owns 7,856 shares of the company’s stock worth $591,000 after acquiring an additional 133 shares during the last quarter. MML Investors Services LLC increased its position in ClearBridge Large Cap Growth Select ETF by 2.2% during the second quarter. MML Investors Services LLC now owns 6,974 shares of the company’s stock worth $553,000 after purchasing an additional 148 shares during the last quarter. MGO One Seven LLC increased its position in ClearBridge Large Cap Growth Select ETF by 4.3% during the fourth quarter. MGO One Seven LLC now owns 5,124 shares of the company’s stock worth $422,000 after purchasing an additional 213 shares during the last quarter. Farther Finance Advisors LLC acquired a new position in ClearBridge Large Cap Growth Select ETF during the fourth quarter worth approximately $26,000. Finally, Private Advisor Group LLC raised its stake in ClearBridge Large Cap Growth Select ETF by 2.5% during the first quarter. Private Advisor Group LLC now owns 13,649 shares of the company’s stock worth $1,026,000 after purchasing an additional 328 shares during the period.

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.