T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) Stock Price Crosses Below 200 Day Moving Average – Here’s Why

Shares of T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $45.92 and traded as low as $44.60. T. Rowe Price Growth Stock ETF shares last traded at $45.10, with a volume of 15,390 shares changing hands.

T. Rowe Price Growth Stock ETF Trading Down 3.0%

The stock has a market cap of $1.10 billion, a price-to-earnings ratio of 40.49 and a beta of 1.22. The stock’s 50 day moving average is $47.62 and its two-hundred day moving average is $45.92.

Institutional Investors Weigh In On T. Rowe Price Growth Stock ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Sigma Planning Corp purchased a new position in shares of T. Rowe Price Growth Stock ETF during the third quarter worth about $1,169,000. Security National Bank of SO Dak increased its position in T. Rowe Price Growth Stock ETF by 16.9% in the 2nd quarter. Security National Bank of SO Dak now owns 13,138 shares of the company’s stock valued at $627,000 after acquiring an additional 1,896 shares during the period. Security National Bank of Sioux City Iowa IA increased its position in T. Rowe Price Growth Stock ETF by 82.5% in the 2nd quarter. Security National Bank of Sioux City Iowa IA now owns 53,618 shares of the company’s stock valued at $2,559,000 after acquiring an additional 24,231 shares during the period. Bank of America Corp DE raised its stake in T. Rowe Price Growth Stock ETF by 9.3% during the 1st quarter. Bank of America Corp DE now owns 26,884 shares of the company’s stock valued at $1,089,000 after acquiring an additional 2,281 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its stake in T. Rowe Price Growth Stock ETF by 36.4% during the 1st quarter. Kestra Advisory Services LLC now owns 28,887 shares of the company’s stock valued at $1,170,000 after acquiring an additional 7,713 shares during the last quarter.

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.