T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) Trading 0.7% Higher – Should You Buy?

T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) shares traded up 0.7% on Monday . The stock traded as high as $39.87 and last traded at $39.87. 4,553 shares were traded during mid-day trading, a decline of 74% from the average session volume of 17,702 shares. The stock had previously closed at $39.61.

T. Rowe Price Growth Stock ETF Price Performance

The stock has a market cap of $318.16 million, a PE ratio of 35.54 and a beta of 1.17. The firm’s 50 day moving average price is $36.53 and its two-hundred day moving average price is $38.65.

Hedge Funds Weigh In On T. Rowe Price Growth Stock ETF

Large investors have recently modified their holdings of the business. DAVENPORT & Co LLC boosted its position in shares of T. Rowe Price Growth Stock ETF by 57.7% in the fourth quarter. DAVENPORT & Co LLC now owns 16,995 shares of the company’s stock valued at $676,000 after acquiring an additional 6,221 shares during the period. Sigma Planning Corp boosted its position in shares of T. Rowe Price Growth Stock ETF by 34.5% in the fourth quarter. Sigma Planning Corp now owns 10,383 shares of the company’s stock valued at $413,000 after acquiring an additional 2,664 shares during the period. National Pension Service lifted its position in T. Rowe Price Growth Stock ETF by 41.2% during the fourth quarter. National Pension Service now owns 4,245,777 shares of the company’s stock valued at $168,965,000 after purchasing an additional 1,237,800 shares during the last quarter. Wealthfront Advisers LLC bought a new stake in T. Rowe Price Growth Stock ETF during the fourth quarter valued at approximately $934,000. Finally, HighTower Advisors LLC bought a new stake in T. Rowe Price Growth Stock ETF during the fourth quarter valued at approximately $243,000.

About T. Rowe Price Growth Stock ETF

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.