T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) Stock Price Down 0.8% – Here’s Why

Shares of T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) fell 0.8% on Monday . The stock traded as low as $40.97 and last traded at $41.00. 3,544 shares traded hands during mid-day trading, a decline of 86% from the average session volume of 25,236 shares. The stock had previously closed at $41.33.

T. Rowe Price Growth Stock ETF Stock Performance

The company has a market capitalization of $90.93 million, a P/E ratio of 37.24 and a beta of 1.24. The company’s fifty day simple moving average is $38.96 and its 200-day simple moving average is $37.41.

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

A number of large investors have recently added to or reduced their stakes in TGRW. Walkner Condon Financial Advisors LLC lifted its position in T. Rowe Price Growth Stock ETF by 7.0% during the second quarter. Walkner Condon Financial Advisors LLC now owns 14,335 shares of the company’s stock valued at $533,000 after acquiring an additional 940 shares during the last quarter. Calton & Associates Inc. acquired a new position in shares of T. Rowe Price Growth Stock ETF during the third quarter worth $404,000. Sigma Planning Corp purchased a new stake in shares of T. Rowe Price Growth Stock ETF during the 3rd quarter valued at $291,000. Finally, Ritter Daniher Financial Advisory LLC DE grew its stake in T. Rowe Price Growth Stock ETF by 10.7% during the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 212,715 shares of the company’s stock worth $8,012,000 after buying an additional 20,578 shares during the last quarter.

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.