Short Interest in T. Rowe Price Value ETF (NYSEARCA:TVAL) Decreases By 59.3%

T. Rowe Price Value ETF (NYSEARCA:TVAL) was the target of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 14,924 shares, a decline of 59.3% from the June 30th total of 36,633 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 71,094 shares, the short-interest ratio is currently 0.2 days.

T. Rowe Price Value ETF Price Performance

TVAL stock traded down $0.29 on Wednesday, reaching $42.37. The company’s stock had a trading volume of 74,688 shares, compared to its average volume of 98,430. T. Rowe Price Value ETF has a 52 week low of $32.26 and a 52 week high of $42.85. The company has a market capitalization of $980.87 million, a P/E ratio of 20.80 and a beta of 0.79. The firm has a fifty day moving average of $41.43 and a two-hundred day moving average of $38.93.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of TVAL. Raymond James Financial Inc. increased its holdings in shares of T. Rowe Price Value ETF by 18.5% during the second quarter. Raymond James Financial Inc. now owns 69,806 shares of the company’s stock valued at $2,292,000 after purchasing an additional 10,887 shares during the period. Jane Street Group LLC acquired a new position in T. Rowe Price Value ETF during the 2nd quarter valued at about $283,000. Citadel Advisors LLC bought a new stake in shares of T. Rowe Price Value ETF during the 3rd quarter worth about $1,339,000. Hopwood Financial Services Inc. lifted its stake in shares of T. Rowe Price Value ETF by 40.8% in the 4th quarter. Hopwood Financial Services Inc. now owns 37,112 shares of the company’s stock worth $1,307,000 after acquiring an additional 10,756 shares during the period. Finally, N.E.W. Advisory Services LLC lifted its stake in shares of T. Rowe Price Value ETF by 544.6% in the 4th quarter. N.E.W. Advisory Services LLC now owns 138,352 shares of the company’s stock worth $4,873,000 after acquiring an additional 116,888 shares during the period.

T. Rowe Price Value ETF Company Profile

The T. Rowe Price Value ETF (TVAL) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on large cap equity. TVAL is an actively managed fund of attractively valued US large-capitalization companies having the potential for stock price appreciation as perceived by the fund adviser