T. Rowe Price Value ETF (NYSEARCA:TVAL) Short Interest Down 42.3% in April

T. Rowe Price Value ETF (NYSEARCA:TVAL) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 13,038 shares, a decline of 42.3% from the April 15th total of 22,610 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 48,026 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Root Financial Partners LLC acquired a new position in shares of T. Rowe Price Value ETF in the third quarter valued at approximately $53,000. HighTower Advisors LLC grew its holdings in shares of T. Rowe Price Value ETF by 15.3% in the fourth quarter. HighTower Advisors LLC now owns 12,416 shares of the company’s stock valued at $437,000 after purchasing an additional 1,651 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in T. Rowe Price Value ETF by 10.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 27,021 shares of the company’s stock worth $952,000 after purchasing an additional 2,476 shares in the last quarter. Dahring Cusmano LLC grew its stake in T. Rowe Price Value ETF by 37.7% during the 4th quarter. Dahring Cusmano LLC now owns 12,433 shares of the company’s stock worth $438,000 after purchasing an additional 3,404 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its stake in T. Rowe Price Value ETF by 259.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 7,101 shares of the company’s stock worth $242,000 after purchasing an additional 5,126 shares in the last quarter.

T. Rowe Price Value ETF Price Performance

Shares of TVAL stock traded down $0.53 on Friday, hitting $39.92. The stock had a trading volume of 48,343 shares, compared to its average volume of 64,919. The firm has a market capitalization of $692.61 million, a P/E ratio of 20.80 and a beta of 0.82. T. Rowe Price Value ETF has a 1 year low of $31.10 and a 1 year high of $40.52. The company’s 50 day moving average price is $37.73 and its 200-day moving average price is $36.56.

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