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

T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) saw an uptick in trading volume on Wednesday . Approximately 19,552 shares traded hands during mid-day trading, a decline of 16% from the previous session’s volume of 23,292 shares.The stock last traded at $47.05 and had previously closed at $47.72.

T. Rowe Price Growth Stock ETF Price Performance

The stock has a fifty day moving average of $47.14 and a 200 day moving average of $45.03. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of 40.49 and a beta of 1.22.

Institutional Trading of T. Rowe Price Growth Stock ETF

Several institutional investors and hedge funds have recently bought and sold shares of TGRW. Kestra Advisory Services LLC boosted its holdings in shares of T. Rowe Price Growth Stock ETF by 1.4% in the 4th quarter. Kestra Advisory Services LLC now owns 21,174 shares of the company’s stock valued at $974,000 after acquiring an additional 283 shares during the last quarter. Farther Finance Advisors LLC lifted its position in T. Rowe Price Growth Stock ETF by 78.5% during the fourth quarter. Farther Finance Advisors LLC now owns 937 shares of the company’s stock valued at $43,000 after purchasing an additional 412 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in 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. Geneos Wealth Management Inc. lifted its position in T. Rowe Price Growth Stock ETF by 162.9% during the second quarter. Geneos Wealth Management Inc. now owns 920 shares of the company’s stock valued at $39,000 after purchasing an additional 570 shares during the period. Finally, Sigma Planning Corp boosted its holdings in T. Rowe Price Growth Stock ETF by 3.2% in the fourth quarter. Sigma Planning Corp now owns 18,915 shares of the company’s stock valued at $870,000 after purchasing an additional 578 shares during the last quarter.

About T. Rowe Price Growth Stock ETF

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.