Beam Wealth Advisors Inc. Makes New Investment in T. Rowe Price U.S. Equity Research ETF $TSPA

Beam Wealth Advisors Inc. acquired a new position in shares of T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 11,509 shares of the company’s stock, valued at approximately $555,000.

Several other large investors also recently modified their holdings of TSPA. Henderson Brothers Financial Partners LLC raised its stake in T. Rowe Price U.S. Equity Research ETF by 4,665.1% during the third quarter. Henderson Brothers Financial Partners LLC now owns 599,826 shares of the company’s stock worth $28,948,000 after buying an additional 587,238 shares during the last quarter. Parallel Advisors LLC lifted its holdings in T. Rowe Price U.S. Equity Research ETF by 394,272.7% in the third quarter. Parallel Advisors LLC now owns 216,905 shares of the company’s stock valued at $10,468,000 after buying an additional 216,850 shares during the period. United Advisor Group LLC lifted its holdings in T. Rowe Price U.S. Equity Research ETF by 80.5% in the third quarter. United Advisor Group LLC now owns 40,944 shares of the company’s stock valued at $1,976,000 after buying an additional 18,264 shares during the period. Kestra Advisory Services LLC lifted its holdings in T. Rowe Price U.S. Equity Research ETF by 17.2% in the third quarter. Kestra Advisory Services LLC now owns 802,384 shares of the company’s stock valued at $38,723,000 after buying an additional 117,642 shares during the period. Finally, Commonwealth Equity Services LLC bought a new stake in T. Rowe Price U.S. Equity Research ETF during the third quarter valued at $6,124,000.

T. Rowe Price U.S. Equity Research ETF Trading Up 0.3%

Shares of TSPA opened at $46.28 on Friday. The firm’s fifty day simple moving average is $48.33 and its two-hundred day simple moving average is $46.06. T. Rowe Price U.S. Equity Research ETF has a 12 month low of $39.53 and a 12 month high of $49.54. The stock has a market capitalization of $4.53 billion, a P/E ratio of 26.98 and a beta of 1.01.

T. Rowe Price U.S. Equity Research ETF Profile

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.