Short Interest in T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Expands By 29.8%

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 46,227 shares, an increase of 29.8% from the February 26th total of 35,610 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 128,021 shares, the short-interest ratio is currently 0.4 days.

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

T. Rowe Price U.S. Equity Research ETF stock traded down $0.18 during trading hours on Monday, hitting $39.70. The company had a trading volume of 122,015 shares, compared to its average volume of 135,684. The firm has a market cap of $2.00 billion, a P/E ratio of 26.98 and a beta of 1.00. The company has a 50-day moving average price of $42.62 and a two-hundred day moving average price of $42.56. T. Rowe Price U.S. Equity Research ETF has a 1 year low of $30.28 and a 1 year high of $43.89.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. M&T Bank Corp raised its position in T. Rowe Price U.S. Equity Research ETF by 15.7% during the 2nd quarter. M&T Bank Corp now owns 5,689,431 shares of the company’s stock valued at $221,235,000 after purchasing an additional 773,339 shares in the last quarter. Fort Washington Investment Advisors Inc. OH bought a new position in shares of T. Rowe Price U.S. Equity Research ETF during the 3rd quarter worth $30,262,000. Forvis Mazars Wealth Advisors LLC grew its position in shares of T. Rowe Price U.S. Equity Research ETF by 25.9% during the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 1,859,262 shares of the company’s stock worth $77,922,000 after buying an additional 382,500 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of T. Rowe Price U.S. Equity Research ETF by 24.0% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,785,415 shares of the company’s stock valued at $74,827,000 after buying an additional 345,164 shares during the period. Finally, Envestnet Asset Management Inc. raised its holdings in shares of T. Rowe Price U.S. Equity Research ETF by 31.8% in the third quarter. Envestnet Asset Management Inc. now owns 978,828 shares of the company’s stock valued at $41,023,000 after acquiring an additional 236,149 shares in the last quarter.

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.