T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Sets New 12-Month High – Time to Buy?

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $49.11 and last traded at $49.10, with a volume of 107190 shares. The stock had previously closed at $48.74.

T. Rowe Price U.S. Equity Research ETF Stock Performance

The business’s fifty day moving average price is $47.27 and its two-hundred day moving average price is $45.09. The stock has a market capitalization of $4.41 billion, a P/E ratio of 26.98 and a beta of 1.01.

Institutional Investors Weigh In On T. Rowe Price U.S. Equity Research ETF

Several large investors have recently added to or reduced their stakes in the stock. M&T Bank Corp lifted its stake in shares of T. Rowe Price U.S. Equity Research ETF by 1.4% in the 4th quarter. M&T Bank Corp now owns 5,903,654 shares of the company’s stock valued at $252,576,000 after purchasing an additional 79,472 shares during the last quarter. Morgan Stanley raised its holdings in T. Rowe Price U.S. Equity Research ETF by 1.3% during the 4th quarter. Morgan Stanley now owns 3,821,023 shares of the company’s stock valued at $163,463,000 after buying an additional 48,206 shares during the period. Allworth Financial LP raised its holdings in T. Rowe Price U.S. Equity Research ETF by 1.1% during the 4th quarter. Allworth Financial LP now owns 3,366,745 shares of the company’s stock valued at $144,029,000 after buying an additional 37,101 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in T. Rowe Price U.S. Equity Research ETF by 24.0% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,785,415 shares of the company’s stock worth $74,827,000 after buying an additional 345,164 shares during the last quarter. Finally, Provident Wealth Management LLC lifted its position in T. Rowe Price U.S. Equity Research ETF by 0.8% in the fourth quarter. Provident Wealth Management LLC now owns 1,382,146 shares of the company’s stock worth $59,128,000 after buying an additional 11,254 shares during the last quarter.

About T. Rowe Price U.S. Equity Research ETF

The T. Rowe Price US Equity Research ETF (TSPA) is an exchange-traded fund. The ETF currently has 24.68m in AUM and 291 holdings. TSPA is an actively-managed, non-transparent fund that seeks long-term capital growth by investing in US-listed companies selected and weighted similar to the S&P 500 Index The fund utilizes the T TSPA was launched on Jun 8, 2021 and is managed by T. Rowe Price.