ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) Sees Significant Drop in Short Interest

ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 4,299 shares, a decrease of 43.6% from the August 15th total of 7,621 shares. Based on an average daily trading volume, of 7,836 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On ClearBridge Large Cap Growth Select ETF

Several large investors have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC bought a new stake in ClearBridge Large Cap Growth Select ETF during the second quarter valued at $29,000. SHP Wealth Management acquired a new position in shares of ClearBridge Large Cap Growth Select ETF in the 4th quarter valued at about $49,000. AdvisorNet Financial Inc grew its position in shares of ClearBridge Large Cap Growth Select ETF by 97.0% during the 1st quarter. AdvisorNet Financial Inc now owns 2,007 shares of the company’s stock valued at $151,000 after buying an additional 988 shares during the last quarter. Citadel Advisors LLC bought a new stake in shares of ClearBridge Large Cap Growth Select ETF during the 2nd quarter valued at about $200,000. Finally, Intrua Financial LLC bought a new stake in shares of ClearBridge Large Cap Growth Select ETF during the 4th quarter valued at about $232,000.

ClearBridge Large Cap Growth Select ETF Stock Up 0.2%

Shares of LRGE traded up $0.19 during mid-day trading on Wednesday, hitting $87.67. The stock had a trading volume of 22,073 shares, compared to its average volume of 18,782. The company has a market cap of $352.43 million, a PE ratio of 34.66 and a beta of 1.12. The company’s fifty day simple moving average is $87.08 and its two-hundred day simple moving average is $83.86. ClearBridge Large Cap Growth Select ETF has a fifty-two week low of $72.34 and a fifty-two week high of $90.16.

ClearBridge Large Cap Growth Select ETF Company Profile

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.