T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Reaches New 12-Month High – Should You Buy?

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $46.97 and last traded at $46.86, with a volume of 269299 shares. The stock had previously closed at $46.71.

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

The firm has a market capitalization of $2.64 billion, a P/E ratio of 26.98 and a beta of 1.01. The company has a 50-day moving average price of $43.08 and a 200-day moving average price of $43.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. JFS Wealth Advisors LLC bought a new position in shares of T. Rowe Price U.S. Equity Research ETF in the 3rd quarter worth $28,000. Wilmington Savings Fund Society FSB bought a new position in shares of T. Rowe Price U.S. Equity Research ETF in the 4th quarter worth $30,000. Fifth Third Bancorp boosted its position in shares of T. Rowe Price U.S. Equity Research ETF by 2,895.8% in the 4th quarter. Fifth Third Bancorp now owns 719 shares of the company’s stock worth $31,000 after purchasing an additional 695 shares during the last quarter. Clear Investment Research LLC bought a new position in shares of T. Rowe Price U.S. Equity Research ETF in the 3rd quarter worth $36,000. Finally, Carolina Wealth Advisors LLC acquired a new stake in T. Rowe Price U.S. Equity Research ETF during the 4th quarter worth $44,000.

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