T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Sees Large Volume Increase – Should You Buy?

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) saw an uptick in trading volume on Monday . 1,843,150 shares changed hands during mid-day trading, an increase of 505% from the previous session’s volume of 304,436 shares.The stock last traded at $47.32 and had previously closed at $47.44.

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

The firm has a 50-day moving average price of $46.20 and a two-hundred day moving average price of $43.95. The firm has a market cap of $2.66 billion, a price-to-earnings ratio of 26.98 and a beta of 1.01.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. M&T Bank Corp boosted its holdings in shares of T. Rowe Price U.S. Equity Research ETF by 1.4% in the 4th quarter. M&T Bank Corp now owns 5,903,654 shares of the company’s stock valued at $252,576,000 after buying an additional 79,472 shares in the last quarter. Morgan Stanley raised its stake in T. Rowe Price U.S. Equity Research ETF by 1.3% during the 4th quarter. Morgan Stanley now owns 3,821,023 shares of the company’s stock worth $163,463,000 after acquiring an additional 48,206 shares in the last quarter. Allworth Financial LP lifted its position in T. Rowe Price U.S. Equity Research ETF by 1.1% in the fourth quarter. Allworth Financial LP now owns 3,366,745 shares of the company’s stock valued at $144,029,000 after acquiring an additional 37,101 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in T. Rowe Price U.S. Equity Research ETF by 24.0% in 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 in the last quarter. Finally, Provident Wealth Management LLC boosted its stake in T. Rowe Price U.S. Equity Research ETF by 0.8% in the fourth quarter. Provident Wealth Management LLC now owns 1,382,146 shares of the company’s stock valued at $59,128,000 after acquiring an additional 11,254 shares in the last quarter.

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.