T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Sets New 12-Month High – Time to Buy?

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $42.04 and last traded at $41.97, with a volume of 94091 shares traded. The stock had previously closed at $41.84.

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

The stock’s fifty day simple moving average is $40.38 and its 200-day simple moving average is $37.62. The stock has a market cap of $1.95 billion, a P/E ratio of 26.98 and a beta of 1.00.

Hedge Funds Weigh In On T. Rowe Price U.S. Equity Research ETF

Large investors have recently bought and sold shares of the business. Bank of America Corp DE bought a new position in T. Rowe Price U.S. Equity Research ETF in the fourth quarter worth about $519,000. Wealth Enhancement Advisory Services LLC increased its stake in shares of T. Rowe Price U.S. Equity Research ETF by 33.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 30,995 shares of the company’s stock valued at $1,146,000 after purchasing an additional 7,740 shares during the period. Strategic Blueprint LLC acquired a new stake in shares of T. Rowe Price U.S. Equity Research ETF in the first quarter valued at approximately $1,916,000. Geneos Wealth Management Inc. increased its stake in shares of T. Rowe Price U.S. Equity Research ETF by 213,486.6% in the first quarter. Geneos Wealth Management Inc. now owns 495,521 shares of the company’s stock valued at $17,423,000 after purchasing an additional 495,289 shares during the period. Finally, Alpha Financial Advisors LLC increased its stake in shares of T. Rowe Price U.S. Equity Research ETF by 2,561.6% in the first quarter. Alpha Financial Advisors LLC now owns 866,761 shares of the company’s stock valued at $30,475,000 after purchasing an additional 834,196 shares during the period.

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.