T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Sees Strong Trading Volume – What’s Next?

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) saw an uptick in trading volume on Tuesday . 6,812,083 shares were traded during mid-day trading, an increase of 3,327% from the previous session’s volume of 198,750 shares.The stock last traded at $45.78 and had previously closed at $45.41.

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

The firm has a market cap of $2.58 billion, a PE ratio of 26.98 and a beta of 1.01. The company has a 50 day simple moving average of $42.77 and a 200-day simple moving average of $42.85.

Institutional Trading of T. Rowe Price U.S. Equity Research ETF

Several hedge funds and other institutional investors have recently bought and sold shares of TSPA. Forvis Mazars Wealth Advisors LLC boosted its stake in T. Rowe Price U.S. Equity Research ETF by 25.9% in the third quarter. Forvis Mazars Wealth Advisors LLC now owns 1,859,262 shares of the company’s stock worth $77,922,000 after buying an additional 382,500 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted 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 valued at $74,827,000 after purchasing an additional 345,164 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of T. Rowe Price U.S. Equity Research ETF by 31.8% during the third quarter. Envestnet Asset Management Inc. now owns 978,828 shares of the company’s stock valued at $41,023,000 after purchasing an additional 236,149 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of T. Rowe Price U.S. Equity Research ETF by 45.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 648,407 shares of the company’s stock valued at $27,739,000 after purchasing an additional 202,349 shares during the period. Finally, N.E.W. Advisory Services LLC boosted its stake in shares of T. Rowe Price U.S. Equity Research ETF by 564.3% during the fourth quarter. N.E.W. Advisory Services LLC now owns 174,154 shares of the company’s stock valued at $7,450,000 after purchasing an additional 147,936 shares during the period.

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.