Rhea-AI Summary
T. Rowe Price (NASDAQ-GS: TROW) has launched two new active transparent equity ETFs: the T. Rowe Price Global Equity ETF (TGLB) and T. Rowe Price International Equity Research ETF (TIER). TGLB will focus on developed markets with 45-60 high-conviction investments, while TIER will hold 300-500 securities across developed and emerging markets excluding the US.
These additions bring T. Rowe Price's total active ETF offerings to 24 funds, including 18 equity and 6 fixed income ETFs. The funds aim to provide tax efficiency, competitive expense ratios, and intraday trading flexibility while leveraging T. Rowe Price's global research capabilities to outperform passive indexes.
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What is the current stock price of T. Rowe Price International Equity Research ETF (TIER)?
T. Rowe Price International Equity Research ETF (TIER) last closed at $31.14.