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

Shares of T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) saw an uptick in trading volume on Thursday . 16,159 shares were traded during mid-day trading, a decline of 27% from the previous session’s volume of 22,088 shares.The stock last traded at $45.61 and had previously closed at $45.90.

T. Rowe Price Growth Stock ETF Stock Up 0.6%

The business’s 50-day simple moving average is $47.07 and its 200 day simple moving average is $45.03. The firm has a market capitalization of $975.62 million, 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 made changes to their positions in TGRW. Westwood Wealth Management purchased a new position in T. Rowe Price Growth Stock ETF in the 4th quarter worth $3,542,000. MidFirst Bank bought a new stake in T. Rowe Price Growth Stock ETF in the fourth quarter worth $2,964,000. EverSource Wealth Advisors LLC boosted its position in T. Rowe Price Growth Stock ETF by 82.5% during the third quarter. EverSource Wealth Advisors LLC now owns 1,462 shares of the company’s stock valued at $67,000 after buying an additional 661 shares during the period. Investor s Fiduciary Advisor Network LLC purchased a new stake in T. Rowe Price Growth Stock ETF during the fourth quarter valued at about $209,000. Finally, Bank of America Corp DE bought a new position in shares of T. Rowe Price Growth Stock ETF during the fourth quarter valued at about $44,000.

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.