T. Rowe Price International Equity ETF (NYSEARCA:TOUS) Sees Large Volume Increase – Here’s Why

T. Rowe Price International Equity ETF (NYSEARCA:TOUS) shares saw an uptick in trading volume on Wednesday . 1,093,460 shares were traded during trading, an increase of 367% from the previous session’s volume of 234,188 shares.The stock last traded at $37.59 and had previously closed at $37.67.

T. Rowe Price International Equity ETF Trading Down 0.2%

The firm’s 50-day moving average price is $37.23 and its 200 day moving average price is $36.20. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of 16.46 and a beta of 0.66.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD lifted its position in shares of T. Rowe Price International Equity ETF by 8.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 17,060,502 shares of the company’s stock worth $589,063,000 after buying an additional 1,302,570 shares during the last quarter. Gateway Wealth Partners LLC bought a new position in T. Rowe Price International Equity ETF in the first quarter valued at about $28,831,000. Wells Fargo & Company MN raised its stake in T. Rowe Price International Equity ETF by 4,495.7% during the fourth quarter. Wells Fargo & Company MN now owns 635,821 shares of the company’s stock worth $21,936,000 after acquiring an additional 621,986 shares in the last quarter. LPL Financial LLC raised its stake in T. Rowe Price International Equity ETF by 31.1% during the fourth quarter. LPL Financial LLC now owns 2,163,362 shares of the company’s stock worth $74,636,000 after acquiring an additional 513,769 shares in the last quarter. Finally, Kingsview Wealth Management LLC lifted its holdings in shares of T. Rowe Price International Equity ETF by 130.0% in the fourth quarter. Kingsview Wealth Management LLC now owns 574,836 shares of the company’s stock worth $19,832,000 after acquiring an additional 324,872 shares during the last quarter.

T. Rowe Price International Equity ETF Company Profile

The T. Rowe Price International Equity ETF (TOUS) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on total market equity. TOUS is an actively managed fund that aims to invest in stocks of any capitalization that are attractively priced and perceived to have high potential for growth