ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) Trading Down 1.7% – Here’s Why

ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGEGet Free Report)’s stock price was down 1.7% during mid-day trading on Friday . The stock traded as low as $84.64 and last traded at $85.37. Approximately 11,649 shares traded hands during trading, a decline of 40% from the average session volume of 19,298 shares. The stock had previously closed at $86.89.

ClearBridge Large Cap Growth Select ETF Stock Performance

The stock has a fifty day moving average of $85.74 and a 200 day moving average of $81.99. The company has a market capitalization of $414.90 million, a PE ratio of 34.66 and a beta of 1.11.

Hedge Funds Weigh In On ClearBridge Large Cap Growth Select ETF

Several hedge funds have recently modified their holdings of LRGE. Farther Finance Advisors LLC purchased a new position in ClearBridge Large Cap Growth Select ETF in the fourth quarter worth about $26,000. Flagship Harbor Advisors LLC bought a new stake in shares of ClearBridge Large Cap Growth Select ETF in the 4th quarter valued at approximately $32,000. Bank of America Corp DE boosted its holdings in shares of ClearBridge Large Cap Growth Select ETF by 226.8% in the 4th quarter. Bank of America Corp DE now owns 549 shares of the company’s stock worth $41,000 after purchasing an additional 381 shares during the period. SHP Wealth Management bought a new position in shares of ClearBridge Large Cap Growth Select ETF during the 4th quarter valued at approximately $49,000. Finally, Arax Advisory Partners purchased a new stake in ClearBridge Large Cap Growth Select ETF during the 4th quarter valued at $107,000.

ClearBridge Large Cap Growth Select ETF Company Profile

(Get Free Report)

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.

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