T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Sees Large Volume Increase – Should You Buy?

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) saw strong trading volume on Tuesday . 679,530 shares traded hands during trading, an increase of 276% from the previous session’s volume of 180,634 shares.The stock last traded at $41.22 and had previously closed at $41.47.

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

The company has a 50 day moving average price of $42.44 and a 200 day moving average price of $42.55. The firm has a market cap of $2.12 billion, a PE ratio of 26.98 and a beta of 1.00.

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

Several large investors have recently modified their holdings of the stock. M&T Bank Corp raised its stake in shares of T. Rowe Price U.S. Equity Research ETF by 1.4% during the fourth quarter. M&T Bank Corp now owns 5,903,654 shares of the company’s stock worth $252,576,000 after purchasing an additional 79,472 shares during the last quarter. Morgan Stanley raised its stake in shares of T. Rowe Price U.S. Equity Research ETF by 1.3% during the fourth quarter. Morgan Stanley now owns 3,821,023 shares of the company’s stock worth $163,463,000 after purchasing an additional 48,206 shares during the last quarter. Allworth Financial LP raised its stake in shares of T. Rowe Price U.S. Equity Research ETF by 1.1% during the fourth quarter. Allworth Financial LP now owns 3,366,745 shares of the company’s stock worth $144,029,000 after purchasing an additional 37,101 shares during the last quarter. Forvis Mazars Wealth Advisors LLC raised its stake in shares of T. Rowe Price U.S. Equity Research ETF by 25.9% during the third quarter. Forvis Mazars Wealth Advisors LLC now owns 1,859,262 shares of the company’s stock worth $77,922,000 after purchasing an additional 382,500 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake 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 purchasing an additional 345,164 shares during the last quarter.

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.