T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Hits New 1-Year High – Still a Buy?

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) shares hit a new 52-week high on Wednesday . The stock traded as high as $45.90 and last traded at $45.81, with a volume of 6912002 shares changing hands. The stock had previously closed at $45.41.

T. Rowe Price U.S. Equity Research ETF Trading Up 0.9%

The company has a market capitalization of $2.58 billion, a PE ratio of 26.98 and a beta of 1.01. The business’s fifty day moving average is $42.82 and its two-hundred day moving average is $42.87.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of TSPA. Bryant Woods Investment Advisors LLC increased its holdings in T. Rowe Price U.S. Equity Research ETF by 14.3% in the 3rd quarter. Bryant Woods Investment Advisors LLC now owns 123,021 shares of the company’s stock worth $5,156,000 after buying an additional 15,344 shares in the last quarter. Alpha Financial Advisors LLC raised its position in T. Rowe Price U.S. Equity Research ETF by 2.3% in the third quarter. Alpha Financial Advisors LLC now owns 734,151 shares of the company’s stock worth $30,768,000 after acquiring an additional 16,791 shares during the period. Commonwealth Equity Services LLC increased its position in T. Rowe Price U.S. Equity Research ETF by 38.3% in the third quarter. Commonwealth Equity Services LLC now owns 130,636 shares of the company’s stock worth $5,475,000 after buying an additional 36,169 shares in the last quarter. Atria Investments Inc raised its stake in shares of T. Rowe Price U.S. Equity Research ETF by 17.0% in the third quarter. Atria Investments Inc now owns 222,573 shares of the company’s stock worth $9,328,000 after buying an additional 32,341 shares during the period. Finally, Hopwood Financial Services Inc. purchased a new position in shares of T. Rowe Price U.S. Equity Research ETF during the 3rd quarter valued at about $2,614,000.

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.