T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW)’s share price crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $45.92 and traded as low as $44.60. T. Rowe Price Growth Stock ETF shares last traded at $45.10, with a volume of 15,390 shares trading hands.

T. Rowe Price Growth Stock ETF Trading Down 3.0%

The stock’s fifty day moving average price is $47.62 and its 200-day moving average price is $45.92. The firm has a market cap of $1.10 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. Security National Bank of SO Dak increased its position in shares of T. Rowe Price Growth Stock ETF by 16.9% during the second quarter. Security National Bank of SO Dak now owns 13,138 shares of the company’s stock valued at $627,000 after acquiring an additional 1,896 shares during the last quarter. Sigma Planning Corp raised its stake in shares of T. Rowe Price Growth Stock ETF by 9.1% in the 1st quarter. Sigma Planning Corp now owns 20,638 shares of the company’s stock valued at $836,000 after acquiring an additional 1,723 shares during the period. Bank of America Corp DE lifted its holdings in shares of T. Rowe Price Growth Stock ETF by 9.3% in the 1st quarter. Bank of America Corp DE now owns 26,884 shares of the company’s stock worth $1,089,000 after acquiring an additional 2,281 shares during the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of T. Rowe Price Growth Stock ETF by 36.4% in the 1st quarter. Kestra Advisory Services LLC now owns 28,887 shares of the company’s stock worth $1,170,000 after acquiring an additional 7,713 shares during the last quarter. Finally, Security National Bank of Sioux City Iowa IA lifted its holdings in shares of T. Rowe Price Growth Stock ETF by 82.5% in the 2nd quarter. Security National Bank of Sioux City Iowa IA now owns 53,618 shares of the company’s stock worth $2,559,000 after acquiring an additional 24,231 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.