T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) Trading Down 1.2% – Time to Sell?

T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) shares dropped 1.2% during mid-day trading on Monday . The company traded as low as $40.00 and last traded at $40.14. Approximately 75,725 shares changed hands during trading, an increase of 154% from the average daily volume of 29,800 shares. The stock had previously closed at $40.62.

T. Rowe Price Growth Stock ETF Price Performance

The company has a fifty day moving average price of $39.78 and a 200 day moving average price of $37.91. The company has a market cap of $87.91 million, a PE ratio of 37.24 and a beta of 1.24.

Institutional Investors Weigh In On T. Rowe Price Growth Stock ETF

Several hedge funds have recently bought and sold shares of TGRW. Ritter Daniher Financial Advisory LLC DE raised its position in shares of 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 valued at $8,012,000 after buying an additional 20,578 shares in the last quarter. Calton & Associates Inc. bought a new position in T. Rowe Price Growth Stock ETF in the third quarter valued at $404,000. Finally, Sigma Planning Corp purchased a new stake in T. Rowe Price Growth Stock ETF during the third quarter valued at about $291,000.

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.