T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Sees Unusually-High Trading Volume – Still a Buy?

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) shares saw an uptick in trading volume on Monday. 1,019,538 shares changed hands during mid-day trading, an increase of 173% from the previous session’s volume of 374,107 shares. The stock last traded at $48.4490 and had previously closed at $48.83.

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

The company has a 50 day simple moving average of $48.08 and a 200 day simple moving average of $46.25. The company has a market capitalization of $4.56 billion, a PE ratio of 26.98 and a beta of 1.01.

Institutional Investors Weigh In On T. Rowe Price U.S. Equity Research ETF

A number of large investors have recently made changes to their positions in the stock. Trust Co. of Vermont purchased a new position in T. Rowe Price U.S. Equity Research ETF during the second quarter worth approximately $25,000. Mascoma Wealth Management LLC purchased a new stake in T. Rowe Price U.S. Equity Research ETF in the 1st quarter valued at $108,000. AdviceOne Advisory Services LLC acquired a new stake in shares of T. Rowe Price U.S. Equity Research ETF in the 2nd quarter worth $233,000. Midwest Trust Co purchased a new position in shares of T. Rowe Price U.S. Equity Research ETF during the 1st quarter worth $202,000. Finally, NewEdge Advisors LLC purchased a new position in shares of T. Rowe Price U.S. Equity Research ETF during the 2nd quarter worth $252,000.

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.