T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Sets New 12-Month High – Time to Buy?

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $48.12 and last traded at $48.11, with a volume of 9605 shares. The stock had previously closed at $47.81.

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

The business has a 50-day moving average of $47.18 and a 200-day moving average of $44.90. The company has a market capitalization of $4.37 billion, a P/E ratio of 26.98 and a beta of 1.01.

Hedge Funds Weigh In On T. Rowe Price U.S. Equity Research ETF

A number of large investors have recently made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new stake in T. Rowe Price U.S. Equity Research ETF in the fourth quarter worth about $30,000. Fifth Third Bancorp raised its holdings in shares of T. Rowe Price U.S. Equity Research ETF by 2,895.8% in the fourth quarter. Fifth Third Bancorp now owns 719 shares of the company’s stock worth $31,000 after buying an additional 695 shares during the period. Osaic Holdings Inc. raised its holdings in shares of T. Rowe Price U.S. Equity Research ETF by 498.0% in the second quarter. Osaic Holdings Inc. now owns 1,196 shares of the company’s stock worth $47,000 after buying an additional 996 shares during the period. Raymond James Financial Inc. bought a new stake in shares of T. Rowe Price U.S. Equity Research ETF during the 2nd quarter worth approximately $51,000. Finally, Capital Investment Advisory Services LLC grew its position in T. Rowe Price U.S. Equity Research ETF by 116.0% in the 4th quarter. Capital Investment Advisory Services LLC now owns 1,350 shares of the company’s stock valued at $58,000 after acquiring an additional 725 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.