T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) Sees Unusually-High Trading Volume – Time to Buy?

Shares of T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) saw unusually-strong trading volume on Tuesday . Approximately 295,024 shares traded hands during trading, an increase of 921% from the previous session’s volume of 28,885 shares.The stock last traded at $45.9760 and had previously closed at $45.50.

T. Rowe Price Growth Stock ETF Price Performance

The company has a market cap of $912.39 million, a P/E ratio of 40.49 and a beta of 1.18. The business’s 50 day moving average price is $45.85 and its 200-day moving average price is $45.10.

Institutional Trading of T. Rowe Price Growth Stock ETF

Large investors have recently made changes to their positions in the business. Compass Financial Group INC SD increased its stake in shares of T. Rowe Price Growth Stock ETF by 1.7% in the third quarter. Compass Financial Group INC SD now owns 22,939 shares of the company’s stock valued at $1,045,000 after buying an additional 373 shares in the last quarter. Farther Finance Advisors LLC increased its position in T. Rowe Price Growth Stock ETF by 78.5% in the 4th quarter. Farther Finance Advisors LLC now owns 937 shares of the company’s stock valued at $43,000 after acquiring an additional 412 shares in the last quarter. Geneos Wealth Management Inc. increased its position in T. Rowe Price Growth Stock ETF by 162.9% in the 2nd quarter. Geneos Wealth Management Inc. now owns 920 shares of the company’s stock valued at $39,000 after acquiring an additional 570 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of T. Rowe Price Growth Stock ETF by 82.5% in the third quarter. EverSource Wealth Advisors LLC now owns 1,462 shares of the company’s stock worth $67,000 after acquiring an additional 661 shares during the last quarter. Finally, Capital Advisors Ltd. LLC lifted its position in shares of T. Rowe Price Growth Stock ETF by 4.2% during the second quarter. Capital Advisors Ltd. LLC now owns 22,151 shares of the company’s stock worth $931,000 after purchasing an additional 903 shares in 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.