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BALTIMORE, June 9, 2021 /PRNewswire/ T. Rowe Price (NASDAQ-GS: TROW) announced today the newest addition to its lineup of active exchange-traded funds (ETFs), U.S. Equity Research ETF (Ticker: TSPA). The new fund is available to the public beginning today and it marks the firm s fifth strategy in the active ETF vehicle.
The U.S. Equity Research ETF is constructed similarly to the corresponding T. Rowe Price s U.S. Equity Research Fund (Ticker: PRCOX), with which it shares the same experienced portfolio management team comprising the firm s directors of equity research for North America. The strategy maintains style and sector exposures similar to the S&P 500, but it uses an active approach to stock selection, seeking to add value over the S&P 500 over time.
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June 9, 2021
On Wednesday, T. Rowe Price (NASDAQ-GS: TROW) announced the newest addition to its lineup of active exchange traded funds (ETFs): the
U.S. Equity Research ETF (TSPA). The new fund is available to the public beginning today, and it marks the firm’s fifth strategy in the active ETF vehicle.
The U.S. Equity Research ETF is similar to the corresponding T. Rowe Price’s U.S. Equity Research Fund (PRCOX), with which it shares the same experienced portfolio management team comprising the firm’s directors of equity research for North America. The strategy maintains style and sector exposures similar to the S&P 500, but it uses an active approach to select its stocks, seeking to add value from the “best ideas” input of T. Rowe Price’s equity research analysts.