T. Rowe Price International Equity ETF (NYSEARCA:TOUS) Stock Falls 0.2% – Should You Sell?

T. Rowe Price International Equity ETF (NYSEARCA:TOUS)’s share price dropped 0.2% during mid-day trading on Friday. The company traded as low as $38.06 and last traded at $38.13. 109,213 shares traded hands during mid-day trading, a decline of 44% from the average daily volume of 194,898 shares. The stock had previously closed at $38.19.

T. Rowe Price International Equity ETF Stock Down 0.2%

The stock’s 50-day simple moving average is $39.13 and its two-hundred day simple moving average is $38.05. The company has a market capitalization of $1.69 billion, a price-to-earnings ratio of 16.46 and a beta of 0.66.

Institutional Trading of T. Rowe Price International Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Integrated Wealth Concepts LLC increased its stake in T. Rowe Price International Equity ETF by 20.3% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 191,515 shares of the company’s stock worth $7,348,000 after buying an additional 32,283 shares in the last quarter. Capital Analysts LLC lifted its position in shares of T. Rowe Price International Equity ETF by 23.7% in the second quarter. Capital Analysts LLC now owns 152,912 shares of the company’s stock valued at $5,867,000 after acquiring an additional 29,289 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of T. Rowe Price International Equity ETF by 12.1% in the first quarter. Cetera Investment Advisers now owns 685,396 shares of the company’s stock valued at $23,674,000 after acquiring an additional 73,770 shares in the last quarter. Wealth Alliance LLC boosted its stake in shares of T. Rowe Price International Equity ETF by 233.6% in the first quarter. Wealth Alliance LLC now owns 192,603 shares of the company’s stock worth $6,653,000 after acquiring an additional 134,868 shares during the last quarter. Finally, New England Capital Financial Advisors LLC boosted its stake in shares of T. Rowe Price International Equity ETF by 1,084.6% in the first quarter. New England Capital Financial Advisors LLC now owns 33,157 shares of the company’s stock worth $1,145,000 after acquiring an additional 30,358 shares during the last quarter.

T. Rowe Price International Equity ETF Company Profile

The T. Rowe Price International Equity ETF (TOUS) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on total market equity. TOUS is an actively managed fund that aims to invest in stocks of any capitalization that are attractively priced and perceived to have high potential for growth