T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Hits New 12-Month High – Here’s What Happened

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $43.67 and last traded at $43.6260, with a volume of 12834 shares traded. The stock had previously closed at $43.50.

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

The firm’s 50-day simple moving average is $43.00 and its 200 day simple moving average is $41.83. The firm has a market capitalization of $2.19 billion, a price-to-earnings ratio of 26.98 and a beta of 1.00.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. M&T Bank Corp boosted its stake in shares of T. Rowe Price U.S. Equity Research ETF by 15.7% in the 2nd quarter. M&T Bank Corp now owns 5,689,431 shares of the company’s stock valued at $221,235,000 after purchasing an additional 773,339 shares in the last quarter. Fort Washington Investment Advisors Inc. OH bought a new position in T. Rowe Price U.S. Equity Research ETF in the 3rd quarter valued at approximately $30,262,000. Envestnet Asset Management Inc. boosted its position in T. Rowe Price U.S. Equity Research ETF by 545.3% in the second quarter. Envestnet Asset Management Inc. now owns 742,679 shares of the company’s stock valued at $28,883,000 after buying an additional 627,581 shares in the last quarter. Forvis Mazars Wealth Advisors LLC grew its stake in shares of T. Rowe Price U.S. Equity Research ETF by 55.6% during the second quarter. Forvis Mazars Wealth Advisors LLC now owns 1,476,762 shares of the company’s stock worth $57,431,000 after buying an additional 527,957 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of T. Rowe Price U.S. Equity Research ETF by 24.0% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,785,415 shares of the company’s stock worth $74,827,000 after buying an additional 345,164 shares in 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.