T. Rowe Price International Equity ETF (NYSEARCA:TOUS) Sets New 52-Week High – Still a Buy?

Shares of T. Rowe Price International Equity ETF (NYSEARCA:TOUS) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $38.75 and last traded at $38.75, with a volume of 7119 shares. The stock had previously closed at $38.06.

T. Rowe Price International Equity ETF Price Performance

The company has a market capitalization of $1.54 billion, a PE ratio of 16.46 and a beta of 0.65. The stock has a 50-day simple moving average of $37.36 and a 200 day simple moving average of $36.35.

Institutional Investors Weigh In On T. Rowe Price International Equity ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Gateway Wealth Partners LLC acquired a new stake in T. Rowe Price International Equity ETF in the 1st quarter valued at about $28,831,000. Wealth Alliance LLC increased its stake in shares of T. Rowe Price International Equity ETF by 233.6% during the 1st quarter. Wealth Alliance LLC now owns 192,603 shares of the company’s stock worth $6,653,000 after purchasing an additional 134,868 shares in the last quarter. Cetera Investment Advisers raised its position in shares of T. Rowe Price International Equity ETF by 12.1% during the 1st quarter. Cetera Investment Advisers now owns 685,396 shares of the company’s stock worth $23,674,000 after purchasing an additional 73,770 shares during the last quarter. Thayer Partners LLC MA raised its position in shares of T. Rowe Price International Equity ETF by 20.0% during the 1st quarter. Thayer Partners LLC MA now owns 11,789 shares of the company’s stock worth $407,000 after purchasing an additional 1,965 shares during the last quarter. Finally, Independent Financial Group LLC purchased a new stake in T. Rowe Price International Equity ETF in the 1st quarter valued at approximately $2,700,000.

About T. Rowe Price International Equity ETF

The T. Rowe Price International Equity ETF (TOUS) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on total market equity. TOUS is an actively managed fund that aims to invest in stocks of any capitalization that are attractively priced and perceived to have high potential for growth