T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Reaches New 52-Week High – Should You Buy?

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $45.20 and last traded at $44.69, with a volume of 821294 shares changing hands. The stock had previously closed at $44.81.

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

The company has a market capitalization of $2.48 billion, a price-to-earnings ratio of 26.98 and a beta of 1.00. The business has a fifty day moving average price of $42.51 and a 200 day moving average price of $42.71.

Hedge Funds Weigh In On T. Rowe Price U.S. Equity Research ETF

Several large investors have recently bought and sold shares of TSPA. Fort Washington Investment Advisors Inc. OH bought a new position in shares of T. Rowe Price U.S. Equity Research ETF during the 3rd quarter worth about $30,262,000. Forvis Mazars Wealth Advisors LLC lifted its stake in shares of T. Rowe Price U.S. Equity Research ETF by 25.9% in the third quarter. Forvis Mazars Wealth Advisors LLC now owns 1,859,262 shares of the company’s stock valued at $77,922,000 after buying an additional 382,500 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in T. Rowe Price U.S. Equity Research ETF by 24.0% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,785,415 shares of the company’s stock worth $74,827,000 after buying an additional 345,164 shares in the last quarter. Envestnet Asset Management Inc. grew its position in T. Rowe Price U.S. Equity Research ETF by 31.8% during the third quarter. Envestnet Asset Management Inc. now owns 978,828 shares of the company’s stock worth $41,023,000 after buying an additional 236,149 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its stake in T. Rowe Price U.S. Equity Research ETF by 45.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 648,407 shares of the company’s stock valued at $27,739,000 after acquiring an additional 202,349 shares during the period.

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.