T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Sees Strong Trading Volume – Here’s What Happened

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) shares saw strong trading volume on Monday . Approximately 1,843,150 shares traded hands during trading, an increase of 505% from the previous session’s volume of 304,436 shares.The stock last traded at $47.32 and had previously closed at $47.44.

T. Rowe Price U.S. Equity Research ETF Trading Down 0.4%

The firm has a market capitalization of $2.66 billion, a PE ratio of 26.98 and a beta of 1.01. The company has a fifty day moving average price of $46.20 and a two-hundred day moving average price of $43.95.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. JFS Wealth Advisors LLC acquired a new stake in shares of T. Rowe Price U.S. Equity Research ETF in the third quarter valued at approximately $28,000. Wilmington Savings Fund Society FSB acquired a new stake in T. Rowe Price U.S. Equity Research ETF during the 4th quarter worth $30,000. Fifth Third Bancorp boosted its stake in T. Rowe Price U.S. Equity Research ETF by 2,895.8% during the 4th quarter. Fifth Third Bancorp now owns 719 shares of the company’s stock worth $31,000 after purchasing an additional 695 shares during the period. Carolina Wealth Advisors LLC purchased a new position in T. Rowe Price U.S. Equity Research ETF during the 4th quarter worth $44,000. Finally, Osaic Holdings Inc. grew its position in T. Rowe Price U.S. Equity Research ETF by 498.0% during the 2nd quarter. Osaic Holdings Inc. now owns 1,196 shares of the company’s stock worth $47,000 after purchasing an additional 996 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.