T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Hits New 1-Year High – Here’s What Happened

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA)’s share price hit a new 52-week high during mid-day trading on Monday. The company traded as high as $49.19 and last traded at $49.19, with a volume of 191719 shares. The stock had previously closed at $48.74.

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

The stock has a market cap of $4.67 billion, a price-to-earnings ratio of 26.98 and a beta of 1.01. The stock’s 50-day moving average is $48.23 and its 200 day moving average is $46.48.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Trust Co. of Vermont acquired a new position in shares of T. Rowe Price U.S. Equity Research ETF in the second quarter worth $25,000. Mascoma Wealth Management LLC acquired a new position in shares of T. Rowe Price U.S. Equity Research ETF during the 1st quarter valued at about $108,000. Midwest Trust Co acquired a new position in shares of T. Rowe Price U.S. Equity Research ETF during the 1st quarter valued at about $202,000. AdviceOne Advisory Services LLC purchased a new position in shares of T. Rowe Price U.S. Equity Research ETF during the 2nd quarter worth about $233,000. Finally, NewEdge Advisors LLC acquired a new stake in shares of T. Rowe Price U.S. Equity Research ETF in the second quarter worth approximately $252,000.

About T. Rowe Price U.S. Equity Research ETF

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.