T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) Sees Strong Trading Volume – Here’s Why

T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) shares saw strong trading volume on Tuesday . Approximately 295,698 shares were traded during mid-day trading, an increase of 1,407% from the previous session’s volume of 19,625 shares.The stock last traded at $47.44 and had previously closed at $48.16.

T. Rowe Price Growth Stock ETF Price Performance

The stock’s fifty day moving average is $46.94 and its 200-day moving average is $45.34. The stock has a market capitalization of $1.02 billion, a PE ratio of 40.49 and a beta of 1.22.

Institutional Trading of T. Rowe Price Growth Stock ETF

Several large investors have recently bought and sold shares of TGRW. MidFirst Bank acquired a new position in T. Rowe Price Growth Stock ETF in the 4th quarter valued at about $2,964,000. Price T Rowe Associates Inc. MD lifted its holdings in T. Rowe Price Growth Stock ETF by 13.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,370,001 shares of the company’s stock valued at $109,044,000 after acquiring an additional 275,000 shares during the last quarter. L.K. Benson & Company P.C. acquired a new position in T. Rowe Price Growth Stock ETF in the fourth quarter valued at approximately $253,000. Northwestern Mutual Wealth Management Co. grew its position in T. Rowe Price Growth Stock ETF by 0.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 73,929 shares of the company’s stock worth $3,402,000 after acquiring an additional 450 shares during the period. Finally, HighTower Advisors LLC grew its position in T. Rowe Price Growth Stock ETF by 18.3% in the fourth quarter. HighTower Advisors LLC now owns 18,140 shares of the company’s stock worth $835,000 after acquiring an additional 2,800 shares during the period.

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.