T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) Stock Price Down 0.4% – Time to Sell?

T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW)’s share price traded down 0.4% during mid-day trading on Wednesday . The company traded as low as $46.62 and last traded at $46.62. 2,338 shares traded hands during trading, a decline of 89% from the average session volume of 21,710 shares. The stock had previously closed at $46.80.

T. Rowe Price Growth Stock ETF Price Performance

The firm has a market cap of $984.16 million, a P/E ratio of 40.49 and a beta of 1.22. The company’s 50-day simple moving average is $47.32 and its 200 day simple moving average is $45.15.

Institutional Investors Weigh In On T. Rowe Price Growth Stock ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Price T Rowe Associates Inc. MD lifted its position in shares of T. Rowe Price Growth Stock ETF by 13.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,370,001 shares of the company’s stock worth $109,044,000 after purchasing an additional 275,000 shares during the period. Westwood Wealth Management acquired a new stake in shares of T. Rowe Price Growth Stock ETF during the fourth quarter worth $3,542,000. Northwestern Mutual Wealth Management Co. grew its stake in T. Rowe Price Growth Stock ETF by 0.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 73,929 shares of the company’s stock valued at $3,402,000 after purchasing an additional 450 shares during the last quarter. MidFirst Bank acquired a new position in T. Rowe Price Growth Stock ETF in the 4th quarter worth approximately $2,964,000. Finally, Kestra Advisory Services LLC raised its position in T. Rowe Price Growth Stock ETF by 36.4% during the 1st quarter. Kestra Advisory Services LLC now owns 28,887 shares of the company’s stock worth $1,170,000 after buying an additional 7,713 shares during the last quarter.

T. Rowe Price Growth Stock ETF Company Profile

The T. Rowe Price Growth Stock ETF (TGRW) is an exchange-traded fund that is based on the Russell 3000 Growth index. The ETF currently has 38.68m in AUM and 79 holdings. TGRW is an actively-managed, non-transparent fund that focus on companies with growth characteristics TGRW was launched on Aug 4, 2020 and is managed by T. Rowe Price.