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

T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) shares saw unusually-high trading volume on Tuesday . Approximately 24,491 shares were traded during mid-day trading, a decline of 27% from the previous session’s volume of 33,570 shares.The stock last traded at $39.74 and had previously closed at $38.98.

T. Rowe Price Growth Stock ETF Trading Up 1.1%

The firm has a 50-day moving average of $42.93 and a 200 day moving average of $44.84. The company has a market cap of $836.81 million, a P/E ratio of 40.49 and a beta of 1.18.

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

Institutional investors and hedge funds have recently modified their holdings of the business. MidFirst Bank acquired a new stake in shares of T. Rowe Price Growth Stock ETF during the 4th quarter worth approximately $2,964,000. Price T Rowe Associates Inc. MD boosted its stake in T. Rowe Price Growth Stock ETF by 13.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,370,001 shares of the company’s stock worth $109,044,000 after acquiring an additional 275,000 shares in the last quarter. Osaic Holdings Inc. boosted its stake in T. Rowe Price Growth Stock ETF by 9.7% during the fourth quarter. Osaic Holdings Inc. now owns 11,547 shares of the company’s stock worth $531,000 after acquiring an additional 1,022 shares in the last quarter. Kestra Advisory Services LLC grew its holdings in T. Rowe Price Growth Stock ETF by 1.4% in the fourth quarter. Kestra Advisory Services LLC now owns 21,174 shares of the company’s stock worth $974,000 after purchasing an additional 283 shares during the period. Finally, Commonwealth Equity Services LLC grew its holdings in T. Rowe Price Growth Stock ETF by 29.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 27,084 shares of the company’s stock worth $1,246,000 after purchasing an additional 6,152 shares during the period.

About T. Rowe Price Growth Stock ETF

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.