T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Sees Unusually-High Trading Volume – Time to Buy?

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) saw unusually-high trading volume on Friday . Approximately 363,207 shares changed hands during mid-day trading, an increase of 22% from the previous session’s volume of 298,125 shares.The stock last traded at $47.13 and had previously closed at $46.94.

T. Rowe Price U.S. Equity Research ETF Stock Up 0.7%

The company has a market capitalization of $2.66 billion, a PE ratio of 26.98 and a beta of 1.01. The stock’s fifty day simple moving average is $43.73 and its 200-day simple moving average is $43.23.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of TSPA. Northwestern Mutual Wealth Management Co. increased its stake in shares of T. Rowe Price U.S. Equity Research ETF by 24.0% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,785,415 shares of the company’s stock worth $74,827,000 after purchasing an additional 345,164 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in T. Rowe Price U.S. Equity Research ETF by 31.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 978,828 shares of the company’s stock worth $41,023,000 after acquiring an additional 236,149 shares during the period. Price T Rowe Associates Inc. MD grew its stake in shares of T. Rowe Price U.S. Equity Research ETF by 45.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 648,407 shares of the company’s stock valued at $27,739,000 after buying an additional 202,349 shares during the period. Independent Financial Group LLC purchased a new stake in shares of T. Rowe Price U.S. Equity Research ETF during the 1st quarter valued at $6,623,000. Finally, N.E.W. Advisory Services LLC grew its stake in shares of T. Rowe Price U.S. Equity Research ETF by 564.3% during the 4th quarter. N.E.W. Advisory Services LLC now owns 174,154 shares of the company’s stock valued at $7,450,000 after buying an additional 147,936 shares during the period.

T. Rowe Price U.S. Equity Research ETF Company Profile

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.