T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Short Interest Update

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 194,582 shares, a drop of 34.2% from the June 30th total of 295,689 shares. Based on an average daily volume of 403,731 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On T. Rowe Price U.S. Equity Research ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in TSPA. Northwestern Mutual Wealth Management Co. lifted its holdings in 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 purchasing an additional 345,164 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of T. Rowe Price U.S. Equity Research ETF by 45.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 648,407 shares of the company’s stock worth $27,739,000 after purchasing an additional 202,349 shares in the last quarter. Independent Financial Group LLC acquired a new position in shares of T. Rowe Price U.S. Equity Research ETF during the 1st quarter worth about $6,623,000. N.E.W. Advisory Services LLC raised its position in shares of T. Rowe Price U.S. Equity Research ETF by 564.3% during the 4th quarter. N.E.W. Advisory Services LLC now owns 174,154 shares of the company’s stock worth $7,450,000 after purchasing an additional 147,936 shares during the last quarter. Finally, HighTower Advisors LLC lifted its stake in T. Rowe Price U.S. Equity Research ETF by 69.2% in the 4th quarter. HighTower Advisors LLC now owns 331,383 shares of the company’s stock valued at $14,177,000 after buying an additional 135,517 shares in the last quarter.

T. Rowe Price U.S. Equity Research ETF Stock Up 0.7%

Shares of T. Rowe Price U.S. Equity Research ETF stock traded up $0.32 on Friday, reaching $47.12. The company’s stock had a trading volume of 516,093 shares, compared to its average volume of 388,274. The company has a market capitalization of $4.22 billion, a P/E ratio of 26.98 and a beta of 1.01. The stock has a 50-day moving average price of $47.12 and a 200-day moving average price of $44.78. T. Rowe Price U.S. Equity Research ETF has a 52-week low of $39.01 and a 52-week high of $48.03.

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.