T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) Short Interest Update

T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQGet Free Report) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 10,673 shares, an increase of 139.7% from the June 30th total of 4,453 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily volume of 3,037 shares, the days-to-cover ratio is presently 3.5 days.

T. Rowe Price Hedged Equity ETF Stock Down 1.1%

T. Rowe Price Hedged Equity ETF stock traded down $0.34 during trading hours on Wednesday, hitting $29.31. The stock had a trading volume of 7,674 shares, compared to its average volume of 4,966. T. Rowe Price Hedged Equity ETF has a 12-month low of $26.36 and a 12-month high of $31.59. The stock has a market capitalization of $36.64 million, a P/E ratio of 24.54 and a beta of 0.65. The stock’s 50-day moving average price is $29.73 and its 200-day moving average price is $28.80.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. SageGuard Financial Group LLC purchased a new stake in shares of T. Rowe Price Hedged Equity ETF during the first quarter valued at $699,000. Jane Street Group LLC raised its position in T. Rowe Price Hedged Equity ETF by 70.0% in the 4th quarter. Jane Street Group LLC now owns 23,217 shares of the company’s stock worth $650,000 after buying an additional 9,557 shares during the last quarter. HighTower Advisors LLC lifted its stake in T. Rowe Price Hedged Equity ETF by 2.0% during the 4th quarter. HighTower Advisors LLC now owns 174,432 shares of the company’s stock valued at $4,881,000 after acquiring an additional 3,469 shares during the period. Finally, DAVENPORT & Co LLC bought a new position in T. Rowe Price Hedged Equity ETF during the 4th quarter valued at about $354,000.

T. Rowe Price Hedged Equity ETF Company Profile

(Get Free Report)

THEQ is an actively managed fund-of-funds seeking long-term capital growth through investments in U.S. companies of any size and derivatives. The fund aims to combine a long equity portfolio with an options overlay strategy to provide downside protection against significant market pullbacks.

Further Reading

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