T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) Sees Large Volume Increase – What’s Next?

Shares of T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) saw unusually-high trading volume on Tuesday . Approximately 295,024 shares changed hands during mid-day 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 Stock Up 0.9%

The stock has a market cap of $925.21 million, a price-to-earnings ratio of 40.49 and a beta of 1.18. The firm’s 50 day moving average is $45.79 and its two-hundred day moving average is $45.07.

Institutional Investors Weigh In On T. Rowe Price Growth Stock ETF

Several large investors have recently added to or reduced their stakes in TGRW. Farther Finance Advisors LLC raised its stake in shares of 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 worth $43,000 after buying an additional 412 shares in the last quarter. Westwood Wealth Management bought a new stake in T. Rowe Price Growth Stock ETF in the fourth quarter worth about $3,542,000. Northwestern Mutual Wealth Management Co. lifted its holdings in T. Rowe Price Growth Stock ETF by 6.2% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 73,479 shares of the company’s stock valued at $3,347,000 after acquiring an additional 4,289 shares during the last quarter. Bank of America Corp DE boosted its position in shares of T. Rowe Price Growth Stock ETF by 13.5% during the 3rd quarter. Bank of America Corp DE now owns 25,894 shares of the company’s stock valued at $1,179,000 after purchasing an additional 3,089 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in shares of T. Rowe Price Growth Stock ETF by 82.5% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,462 shares of the company’s stock valued at $67,000 after purchasing an additional 661 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.