T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) Sees Strong Trading Volume – Should You Buy?

Shares of T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) saw an uptick in trading volume on Thursday . 16,039 shares were traded during trading, an increase of 136% from the previous session’s volume of 6,788 shares.The stock last traded at $45.7160 and had previously closed at $46.34.

T. Rowe Price Growth Stock ETF Stock Up 0.6%

The firm has a market capitalization of $921.09 million, a PE ratio of 40.49 and a beta of 1.18. The firm’s 50-day simple moving average is $46.00 and its 200-day simple moving average is $44.76.

Hedge Funds Weigh In On T. Rowe Price Growth Stock ETF

Several institutional investors have recently bought and sold shares of TGRW. Northwestern Mutual Wealth Management Co. grew its position in T. Rowe Price Growth Stock ETF by 6.2% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 73,479 shares of the company’s stock worth $3,347,000 after acquiring an additional 4,289 shares in the last quarter. Bank of America Corp DE increased its position in T. Rowe Price Growth Stock ETF by 13.5% during the 3rd quarter. Bank of America Corp DE now owns 25,894 shares of the company’s stock valued at $1,179,000 after purchasing an additional 3,089 shares during the period. EverSource Wealth Advisors LLC boosted its position in T. Rowe Price Growth Stock ETF by 82.5% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,462 shares of the company’s stock valued at $67,000 after acquiring an additional 661 shares in the last quarter. Calton & Associates Inc. purchased a new position in T. Rowe Price Growth Stock ETF in the third quarter valued at about $215,000. Finally, Prospera Financial Services Inc purchased a new stake in T. Rowe Price Growth Stock ETF during the third quarter valued at approximately $226,000.

T. Rowe Price Growth Stock ETF Company Profile

The T. Rowe Price Growth Stock ETF (TGRW) is an exchange-traded fund that is based on the Russell 3000 Growth index. The ETF currently has 38.68m in AUM and 79 holdings. TGRW is an actively-managed, non-transparent fund that focus on companies with growth characteristics TGRW was launched on Aug 4, 2020 and is managed by T. Rowe Price.