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

Shares of T. Rowe Price Growth Stock ETF (NYSEARCA:TGRWGet Free Report) saw an uptick in trading volume on Tuesday . 295,698 shares were traded during mid-day trading, an increase of 1,407% from the previous session’s volume of 19,625 shares.The stock last traded at $47.44 and had previously closed at $48.16.

T. Rowe Price Growth Stock ETF Stock Down 1.5%

The firm’s 50 day simple moving average is $46.90 and its 200 day simple moving average is $45.31. The company has a market cap of $1.02 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 large investors have recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD raised its stake in T. Rowe Price Growth Stock ETF by 13.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,370,001 shares of the company’s stock valued at $109,044,000 after acquiring an additional 275,000 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of T. Rowe Price Growth Stock ETF by 0.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 73,929 shares of the company’s stock worth $3,402,000 after purchasing an additional 450 shares in the last quarter. MidFirst Bank acquired a new position in shares of T. Rowe Price Growth Stock ETF during the fourth quarter valued at $2,964,000. Kestra Advisory Services LLC increased its holdings in shares of T. Rowe Price Growth Stock ETF by 36.4% during the first quarter. Kestra Advisory Services LLC now owns 28,887 shares of the company’s stock valued at $1,170,000 after purchasing an additional 7,713 shares during the period. Finally, Commonwealth Equity Services LLC raised its stake in shares of T. Rowe Price Growth Stock ETF by 29.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 27,084 shares of the company’s stock valued at $1,246,000 after purchasing an additional 6,152 shares in the last quarter.

T. Rowe Price Growth Stock ETF Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for T. Rowe Price Growth Stock ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T. Rowe Price Growth Stock ETF and related companies with MarketBeat.com's FREE daily email newsletter.