T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) Hits New 52-Week High – Here’s What Happened

T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) shares reached a new 52-week high on Wednesday . The stock traded as high as $48.37 and last traded at $48.36, with a volume of 2406 shares traded. The stock had previously closed at $48.20.

T. Rowe Price Growth Stock ETF Trading Up 0.3%

The stock has a market capitalization of $1.03 billion, a P/E ratio of 40.49 and a beta of 1.21. The firm’s fifty day moving average is $44.39 and its 200-day moving average is $44.76.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Bank of America Corp DE bought a new stake in T. Rowe Price Growth Stock ETF during the 4th quarter worth approximately $44,000. Royal Bank of Canada raised its position in T. Rowe Price Growth Stock ETF by 6.4% in the 1st quarter. Royal Bank of Canada now owns 21,606 shares of the company’s stock valued at $773,000 after purchasing an additional 1,308 shares during the last quarter. EverSource Wealth Advisors LLC acquired a new position in T. Rowe Price Growth Stock ETF in the second quarter worth $34,000. Geneos Wealth Management Inc. grew its holdings in shares of T. Rowe Price Growth Stock ETF by 162.9% during the second quarter. Geneos Wealth Management Inc. now owns 920 shares of the company’s stock worth $39,000 after purchasing an additional 570 shares during the last quarter. Finally, National Pension Service grew its holdings in shares of T. Rowe Price Growth Stock ETF by 272.5% during the third quarter. National Pension Service now owns 15,814,477 shares of the company’s stock worth $720,337,000 after purchasing an additional 11,568,700 shares during the last quarter.

T. Rowe Price Growth Stock ETF Company Profile

The T. Rowe Price Growth Stock ETF (TGRW) is an exchange-traded fund that is based on the Russell 3000 Growth index. The ETF currently has 38.68m in AUM and 79 holdings. TGRW is an actively-managed, non-transparent fund that focus on companies with growth characteristics TGRW was launched on Aug 4, 2020 and is managed by T. Rowe Price.