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

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) shares saw unusually-high trading volume on Friday . Approximately 363,207 shares changed hands during 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 Price Performance

The stock’s 50 day simple moving average is $43.82 and its two-hundred day simple moving average is $43.26. The stock has a market cap of $2.65 billion, a price-to-earnings ratio of 26.98 and a beta of 1.01.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in TSPA. Northwestern Mutual Wealth Management Co. lifted 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 valued at $74,827,000 after acquiring an additional 345,164 shares during the period. Envestnet Asset Management Inc. lifted its holdings 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 acquiring an additional 236,149 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings 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 acquiring an additional 202,349 shares during the period. Independent Financial Group LLC bought a new position in shares of T. Rowe Price U.S. Equity Research ETF during the first quarter valued at $6,623,000. Finally, N.E.W. Advisory Services LLC lifted its holdings 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 acquiring 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.