T. Rowe Price Technology ETF (NASDAQ:TTEQ) Short Interest Down 79.1% in July

T. Rowe Price Technology ETF (NASDAQ:TTEQ) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 8,634 shares, a decrease of 79.1% from the June 30th total of 41,355 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 85,713 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of T. Rowe Price Technology ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. purchased a new position in shares of T. Rowe Price Technology ETF during the 2nd quarter valued at $27,000. Arax Advisory Partners bought a new stake in T. Rowe Price Technology ETF during the fourth quarter valued at about $31,000. Private Trust Co. NA bought a new stake in T. Rowe Price Technology ETF during the fourth quarter valued at about $39,000. Western Wealth Management LLC purchased a new position in shares of T. Rowe Price Technology ETF in the first quarter valued at about $45,000. Finally, Osaic Holdings Inc. lifted its position in shares of T. Rowe Price Technology ETF by 43.9% in the fourth quarter. Osaic Holdings Inc. now owns 8,308 shares of the company’s stock valued at $270,000 after acquiring an additional 2,536 shares in the last quarter.

T. Rowe Price Technology ETF Trading Down 0.7%

NASDAQ TTEQ traded down $0.26 on Monday, reaching $39.12. 45,310 shares of the stock were exchanged, compared to its average volume of 97,058. T. Rowe Price Technology ETF has a one year low of $28.69 and a one year high of $45.76. The firm has a market capitalization of $331.74 million, a PE ratio of 36.82 and a beta of 1.82. The company’s 50-day simple moving average is $42.45 and its two-hundred day simple moving average is $36.68.

T. Rowe Price Technology ETF Company Profile

The T. Rowe Price Technology ETF (TTEQ) is an exchange-traded fund. The ETF currently has 28.34m in AUM and 56 holdings. TTEQ is actively managed, seeking long-term capital growth by investing in large-cap technology companies globally and those whose market share is largely based on their technology capabilities. TTEQ was launched on Oct 23, 2024 and is issued by T. Rowe Price.