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

T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) shot up 0.7% on Monday . The company traded as high as $39.87 and last traded at $39.87. 4,553 shares were traded during 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 Trading Up 0.7%

The business has a 50 day simple moving average of $36.53 and a two-hundred day simple moving average of $38.65. The stock has a market cap of $318.16 million, a price-to-earnings ratio of 35.54 and a beta of 1.17.

Institutional Trading of T. Rowe Price Growth Stock ETF

Several hedge funds have recently made changes to their positions in TGRW. Bank of America Corp DE bought a new stake in T. Rowe Price Growth Stock ETF in the fourth quarter worth about $44,000. HighTower Advisors LLC bought a new position in shares of T. Rowe Price Growth Stock ETF during the 4th quarter valued at about $243,000. Cetera Investment Advisers acquired a new position in shares of T. Rowe Price Growth Stock ETF in the 1st quarter worth approximately $333,000. Sigma Planning Corp grew its stake in shares of T. Rowe Price Growth Stock ETF by 34.5% in the 4th quarter. Sigma Planning Corp now owns 10,383 shares of the company’s stock worth $413,000 after purchasing an additional 2,664 shares during the last quarter. Finally, Two Sigma Investments LP bought a new stake in shares of T. Rowe Price Growth Stock ETF in the 4th quarter worth approximately $438,000.

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.