T. Rowe Price Growth Stock ETF
TGRW
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- T. Rowe Price Growth Stock ETF (TGRW) is an actively managed exchange-traded fund that seeks long-term capital growth by investing at least 80% of its net assets in common stocks of a diversified group of growth companies exhibiting strong earnings and cash flow growth, sustained earnings momentum during economic slowdowns, occupation of lucrative economic niches, and capacity for expansion in challenging conditions; the portfolio emphasizes large-cap growth securities, including top holdings such as NVIDIA Corp, Microsoft Corp, Apple Inc, Alphabet Inc Class A, Amazon.com Inc, Meta Platforms Inc Class A, Broadcom Inc, Tesla Inc, and Visa Inc Class A, alongside cash equivalents and exchange-traded securities that facilitate synchronous trading with fund shares. Issued by T. Rowe Price Exchange-Traded Funds, Inc. and advised by T. Rowe Price Associates, Inc., with distribution handled by T. Rowe Price Investment Services, Inc., the ETF operates within the large growth equity segment, targeting investors tolerant of stock market volatility and focused on U.S.-listed companies, potentially including foreign exchange-listed common stocks. Launched on August 4, 2020, and headquartered in Baltimore, Maryland alongside parent T. Rowe Price Group, Inc., TGRW maintains total net assets exceeding $800 million, a net expense ratio of 0.52%, and an annual portfolio turnover around 50% as of late 2024. Recent management transitions represent the fund's primary operational changes, with comanager Jim Stillwagon elevated to lead manager effective May 1, 2025, following his appointment as comanager on January 1, 2025, and predecessor Joe Fath departing the firm and fund on August 1, 2025, earlier than the originally planned September 30 date to ensure an orderly handover; these shifts have preserved the strategy's Above Average People rating amid active portfolio adjustments, including new positions in Broadcom Inc and increased stakes in NVIDIA Corp, Amazon.com Inc, and Apple Inc during late 2024.