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

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 1,428,225 shares, a growth of 794.4% from the May 14th total of 159,684 shares. Approximately 2.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 685,576 shares, the days-to-cover ratio is presently 2.1 days.

T. Rowe Price U.S. Equity Research ETF Price Performance

Shares of NYSEARCA:TSPA opened at $46.53 on Wednesday. The company has a market capitalization of $2.62 billion, a P/E ratio of 26.98 and a beta of 1.01. T. Rowe Price U.S. Equity Research ETF has a 1 year low of $37.28 and a 1 year high of $48.03. The business’s 50 day simple moving average is $45.28 and its 200 day simple moving average is $43.68.

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 the business. M&T Bank Corp lifted its stake in T. Rowe Price U.S. Equity Research ETF by 1.4% during the fourth quarter. M&T Bank Corp now owns 5,903,654 shares of the company’s stock worth $252,576,000 after purchasing an additional 79,472 shares during the last quarter. Morgan Stanley lifted its stake in T. Rowe Price U.S. Equity Research ETF by 1.3% during the fourth quarter. Morgan Stanley now owns 3,821,023 shares of the company’s stock worth $163,463,000 after purchasing an additional 48,206 shares during the last quarter. Allworth Financial LP lifted its stake in T. Rowe Price U.S. Equity Research ETF by 1.1% during the fourth quarter. Allworth Financial LP now owns 3,366,745 shares of the company’s stock worth $144,029,000 after purchasing an additional 37,101 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake 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 worth $74,827,000 after purchasing an additional 345,164 shares during the last quarter. Finally, Provident Wealth Management LLC lifted its stake in T. Rowe Price U.S. Equity Research ETF by 0.8% during the fourth quarter. Provident Wealth Management LLC now owns 1,382,146 shares of the company’s stock worth $59,128,000 after purchasing an additional 11,254 shares during the last quarter.

T. Rowe Price U.S. Equity Research ETF Company Profile

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.