T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Sees Strong Trading Volume – Still a Buy?

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) shares saw strong trading volume on Monday. Approximately 1,019,538 shares changed hands during trading, an increase of 173% from the previous session’s volume of 374,107 shares. The stock last traded at $48.4490 and had previously closed at $48.83.

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

The company has a market capitalization of $4.56 billion, a PE ratio of 26.98 and a beta of 1.01. The business’s 50 day simple moving average is $48.08 and its 200 day simple moving average is $46.25.

Institutional Trading of T. Rowe Price U.S. Equity Research ETF

Institutional investors have recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its holdings in T. Rowe Price U.S. Equity Research ETF by 24.9% in the second quarter. Envestnet Asset Management Inc. now owns 1,292,825 shares of the company’s stock valued at $61,448,000 after acquiring an additional 257,327 shares during the last quarter. Fort Washington Investment Advisors Inc. OH raised its position in T. Rowe Price U.S. Equity Research ETF by 11.7% in the first quarter. Fort Washington Investment Advisors Inc. OH now owns 902,637 shares of the company’s stock valued at $36,918,000 after purchasing an additional 94,754 shares during the period. Kickstand Ventures LLC. purchased a new stake in T. Rowe Price U.S. Equity Research ETF in the second quarter valued at $36,273,000. Cetera Investment Advisers raised its position in T. Rowe Price U.S. Equity Research ETF by 10.4% in the first quarter. Cetera Investment Advisers now owns 753,355 shares of the company’s stock valued at $30,812,000 after purchasing an additional 71,091 shares during the period. Finally, Prodigy Asset Management LLC lifted its stake in shares of T. Rowe Price U.S. Equity Research ETF by 0.8% in the 2nd quarter. Prodigy Asset Management LLC now owns 708,088 shares of the company’s stock valued at $33,655,000 after purchasing an additional 5,390 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.