Financial Connections Group Inc. Boosts Position in T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA)

Financial Connections Group Inc. boosted its holdings in shares of T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) by 2,928.4% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 2,241 shares of the company’s stock after purchasing an additional 2,167 shares during the quarter. Financial Connections Group Inc.’s holdings in T. Rowe Price U.S. Equity Research ETF were worth $74,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of TSPA. Benjamin F. Edwards & Company Inc. purchased a new position in T. Rowe Price U.S. Equity Research ETF during the 4th quarter worth approximately $236,000. Raymond James Financial Services Advisors Inc. purchased a new position in shares of T. Rowe Price U.S. Equity Research ETF during the 4th quarter valued at approximately $318,000. Wealth Enhancement Advisory Services LLC increased its holdings in shares of T. Rowe Price U.S. Equity Research ETF by 82.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 24,926 shares of the company’s stock valued at $818,000 after purchasing an additional 11,246 shares in the last quarter. FORVIS Wealth Advisors LLC purchased a new position in shares of T. Rowe Price U.S. Equity Research ETF during the 1st quarter valued at approximately $2,271,000. Finally, James J. Burns & Company LLC purchased a new position in shares of T. Rowe Price U.S. Equity Research ETF during the 1st quarter valued at approximately $2,462,000.

T. Rowe Price U.S. Equity Research ETF Stock Down 1.0 %

Shares of NYSEARCA:TSPA traded down $0.36 during trading on Thursday, hitting $35.14. 196,807 shares of the stock traded hands, compared to its average volume of 144,069. The company has a market cap of $197.84 million, a price-to-earnings ratio of 25.76 and a beta of 1.00. The company has a fifty day moving average price of $33.70 and a two-hundred day moving average price of $32.04. T. Rowe Price U.S. Equity Research ETF has a 52-week low of $25.31 and a 52-week high of $35.51.

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.