Parallel Advisors LLC Acquires 216,850 Shares of T. Rowe Price U.S. Equity Research ETF $TSPA

Parallel Advisors LLC lifted its holdings in T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) by 394,272.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 216,905 shares of the company’s stock after buying an additional 216,850 shares during the quarter. Parallel Advisors LLC’s holdings in T. Rowe Price U.S. Equity Research ETF were worth $10,468,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. United Advisor Group LLC grew its holdings in T. Rowe Price U.S. Equity Research ETF by 80.5% during the 3rd quarter. United Advisor Group LLC now owns 40,944 shares of the company’s stock worth $1,976,000 after acquiring an additional 18,264 shares during the last quarter. Kestra Advisory Services LLC increased its position in T. Rowe Price U.S. Equity Research ETF by 17.2% in the 3rd quarter. Kestra Advisory Services LLC now owns 802,384 shares of the company’s stock valued at $38,723,000 after acquiring an additional 117,642 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in shares of T. Rowe Price U.S. Equity Research ETF in the third quarter worth about $6,124,000. Hopwood Financial Services Inc. raised its stake in shares of T. Rowe Price U.S. Equity Research ETF by 5.4% in the third quarter. Hopwood Financial Services Inc. now owns 103,101 shares of the company’s stock worth $4,976,000 after acquiring an additional 5,283 shares during the last quarter. Finally, Bryant Woods Investment Advisors LLC raised its stake in shares of T. Rowe Price U.S. Equity Research ETF by 14.0% in the third quarter. Bryant Woods Investment Advisors LLC now owns 188,612 shares of the company’s stock worth $9,103,000 after acquiring an additional 23,126 shares during the last quarter.

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

Shares of TSPA stock traded up $0.12 during trading hours on Friday, reaching $46.28. 425,680 shares of the company were exchanged, compared to its average volume of 380,140. T. Rowe Price U.S. Equity Research ETF has a fifty-two week low of $39.53 and a fifty-two week high of $49.54. The stock’s fifty day moving average is $48.33 and its two-hundred day moving average is $46.06. The company has a market cap of $4.53 billion, a price-to-earnings ratio of 26.98 and a beta of 1.01.

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.