Stephens Inc. AR Cuts Holdings in T. Rowe Price U.S. Equity Research ETF $TSPA

Stephens Inc. AR cut its position in shares of T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) by 3.8% during the 2nd quarter, Holdings Channel reports. The firm owned 30,922 shares of the company’s stock after selling 1,217 shares during the quarter. Stephens Inc. AR’s holdings in T. Rowe Price U.S. Equity Research ETF were worth $1,203,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TSPA. M&T Bank Corp boosted its holdings in T. Rowe Price U.S. Equity Research ETF by 1,484.5% during the first quarter. M&T Bank Corp now owns 4,916,092 shares of the company’s stock worth $172,858,000 after purchasing an additional 4,605,821 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in T. Rowe Price U.S. Equity Research ETF by 1,251.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,247,782 shares of the company’s stock worth $43,872,000 after acquiring an additional 1,155,482 shares during the period. Forvis Mazars Wealth Advisors LLC raised its position in T. Rowe Price U.S. Equity Research ETF by 142.8% in the first quarter. Forvis Mazars Wealth Advisors LLC now owns 948,805 shares of the company’s stock worth $33,360,000 after acquiring an additional 557,959 shares during the period. Geneos Wealth Management Inc. raised its position in T. Rowe Price U.S. Equity Research ETF by 213,486.6% in the first quarter. Geneos Wealth Management Inc. now owns 495,521 shares of the company’s stock worth $17,423,000 after acquiring an additional 495,289 shares during the period. Finally, First National Trust Co raised its position in T. Rowe Price U.S. Equity Research ETF by 65.7% in the first quarter. First National Trust Co now owns 805,940 shares of the company’s stock worth $28,337,000 after acquiring an additional 319,473 shares during the period.

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

Shares of TSPA stock opened at $42.30 on Friday. The firm has a market cap of $2.05 billion, a price-to-earnings ratio of 26.98 and a beta of 1.00. T. Rowe Price U.S. Equity Research ETF has a 52 week low of $30.28 and a 52 week high of $42.46. The firm’s 50-day simple moving average is $41.33 and its two-hundred day simple moving average is $38.68.

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