T. Rowe Price Technology ETF (NASDAQ:TTEQ) Short Interest Down 93.1% in February

T. Rowe Price Technology ETF (NASDAQ:TTEQ) saw a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 6,276 shares, a decrease of 93.1% from the January 29th total of 90,913 shares. Based on an average daily volume of 70,130 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 70,130 shares, the days-to-cover ratio is currently 0.1 days.

T. Rowe Price Technology ETF Stock Performance

NASDAQ TTEQ opened at $32.32 on Friday. The firm has a market capitalization of $130.90 million, a P/E ratio of 36.82 and a beta of 1.84. The stock has a 50-day simple moving average of $32.75 and a two-hundred day simple moving average of $32.36. T. Rowe Price Technology ETF has a fifty-two week low of $19.83 and a fifty-two week high of $35.02.

Hedge Funds Weigh In On T. Rowe Price Technology ETF

Institutional investors have recently made changes to their positions in the company. Gateway Wealth Partners LLC acquired a new stake in T. Rowe Price Technology ETF during the fourth quarter valued at $15,444,000. LPL Financial LLC purchased a new position in shares of T. Rowe Price Technology ETF in the 4th quarter valued at about $7,601,000. 4J Wealth Management LLC raised its holdings in T. Rowe Price Technology ETF by 29.1% in the 4th quarter. 4J Wealth Management LLC now owns 183,711 shares of the company’s stock worth $5,974,000 after purchasing an additional 41,460 shares during the period. Stifel Financial Corp boosted its position in T. Rowe Price Technology ETF by 267.1% during the fourth quarter. Stifel Financial Corp now owns 97,614 shares of the company’s stock worth $3,174,000 after purchasing an additional 71,026 shares in the last quarter. Finally, Citadel Advisors LLC grew its holdings in T. Rowe Price Technology ETF by 453.3% in the third quarter. Citadel Advisors LLC now owns 67,939 shares of the company’s stock valued at $2,194,000 after purchasing an additional 55,661 shares during the period.

About T. Rowe Price Technology ETF

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.