T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) Sees Strong Trading Volume – Here’s What Happened

Shares of T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) saw unusually-strong trading volume on Thursday. 89,355 shares were traded during trading, an increase of 321% from the previous session’s volume of 21,235 shares. The stock last traded at $48.6390 and had previously closed at $48.46.

T. Rowe Price Growth Stock ETF Price Performance

The company has a fifty day moving average of $47.27 and a 200 day moving average of $46.22. The firm has a market capitalization of $1.05 billion, a P/E ratio of 40.49 and a beta of 1.22.

Institutional Investors Weigh In On T. Rowe Price Growth Stock ETF

A number of institutional investors have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its holdings in shares of T. Rowe Price Growth Stock ETF by 0.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 73,929 shares of the company’s stock valued at $3,402,000 after purchasing an additional 450 shares during the period. Sigma Planning Corp grew its stake in shares of T. Rowe Price Growth Stock ETF by 9.1% in the 1st quarter. Sigma Planning Corp now owns 20,638 shares of the company’s stock valued at $836,000 after buying an additional 1,723 shares during the period. Security National Bank of SO Dak increased its position in T. Rowe Price Growth Stock ETF by 16.9% in the 2nd quarter. Security National Bank of SO Dak now owns 13,138 shares of the company’s stock valued at $627,000 after buying an additional 1,896 shares in the last quarter. Bank of America Corp DE raised its stake in T. Rowe Price Growth Stock ETF by 9.3% during the 1st quarter. Bank of America Corp DE now owns 26,884 shares of the company’s stock worth $1,089,000 after buying an additional 2,281 shares during the period. Finally, HighTower Advisors LLC raised its stake in T. Rowe Price Growth Stock ETF by 18.3% during the 4th quarter. HighTower Advisors LLC now owns 18,140 shares of the company’s stock worth $835,000 after buying an additional 2,800 shares during the period.

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.