Short Interest in ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) Expands By 939.7%

ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) was the target of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 7,621 shares, a growth of 939.7% from the July 30th total of 733 shares. Based on an average trading volume of 6,209 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Trading of ClearBridge Large Cap Growth Select ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Natural Investments LLC grew its holdings in shares of ClearBridge Large Cap Growth Select ETF by 5.5% during the second quarter. Natural Investments LLC now owns 16,181 shares of the company’s stock valued at $1,386,000 after buying an additional 850 shares in the last quarter. Family Manage LLC lifted its stake in ClearBridge Large Cap Growth Select ETF by 63.3% in the 1st quarter. Family Manage LLC now owns 11,453 shares of the company’s stock worth $861,000 after acquiring an additional 4,439 shares in the last quarter. Gateway Wealth Partners LLC purchased a new stake in ClearBridge Large Cap Growth Select ETF in the 1st quarter worth about $247,000. Cetera Investment Advisers lifted its stake in ClearBridge Large Cap Growth Select ETF by 2.9% in the 1st quarter. Cetera Investment Advisers now owns 288,496 shares of the company’s stock worth $21,695,000 after acquiring an additional 8,166 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in ClearBridge Large Cap Growth Select ETF by 2.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 20,518 shares of the company’s stock worth $1,543,000 after acquiring an additional 546 shares during the period.

ClearBridge Large Cap Growth Select ETF Price Performance

ClearBridge Large Cap Growth Select ETF stock traded up $1.51 during midday trading on Thursday, reaching $89.19. The stock had a trading volume of 798 shares, compared to its average volume of 19,536. The firm’s fifty day simple moving average is $86.06 and its two-hundred day simple moving average is $82.87. ClearBridge Large Cap Growth Select ETF has a twelve month low of $72.34 and a twelve month high of $90.16. The firm has a market cap of $388.87 million, a price-to-earnings ratio of 34.66 and a beta of 1.11.

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.