T. Rowe Price International Equity ETF (NYSEARCA:TOUS) Reaches New 12-Month High – What’s Next?

T. Rowe Price International Equity ETF (NYSEARCA:TOUS)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $39.63 and last traded at $39.63, with a volume of 160383 shares. The stock had previously closed at $39.08.

T. Rowe Price International Equity ETF Price Performance

The business has a 50-day moving average of $38.23 and a 200-day moving average of $37.00. The firm has a market cap of $1.62 billion, a price-to-earnings ratio of 16.46 and a beta of 0.65.

Institutional Investors Weigh In On T. Rowe Price International Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in TOUS. Price T Rowe Associates Inc. MD lifted its stake in T. Rowe Price International Equity ETF by 8.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 17,060,502 shares of the company’s stock valued at $589,063,000 after acquiring an additional 1,302,570 shares during the last quarter. Gateway Wealth Partners LLC acquired a new stake in T. Rowe Price International Equity ETF in the 1st quarter valued at about $28,831,000. Wells Fargo & Company MN lifted its stake in T. Rowe Price International Equity ETF by 4,495.7% in the 4th quarter. Wells Fargo & Company MN now owns 635,821 shares of the company’s stock valued at $21,936,000 after purchasing an additional 621,986 shares during the last quarter. LPL Financial LLC grew its holdings 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 purchasing an additional 513,769 shares during the period. Finally, Kingsview Wealth Management LLC increased its position in T. Rowe Price International Equity ETF by 130.0% during the fourth quarter. Kingsview Wealth Management LLC now owns 574,836 shares of the company’s stock worth $19,832,000 after buying an additional 324,872 shares during the last quarter.

About T. Rowe Price International Equity ETF

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