Major investment firms launched a flurry of new ETFs this week, with T. Rowe Price Group Inc. (TROW) expanding its active equity lineup and specialized providers rolling out leveraged single-stock products.
These new ETFs show how firms are responding to investors who want both safety and opportunity in today’s market and creating tools for long-term growth while also catering to short-term traders.
T. Rowe Price added two transparent active equity ETFs to its lineup Thursday, bringing its total active ETF roster to 19 funds, according to the company’s announcement. The T. Rowe Price Capital Appreciation Premium Income ETF (TCAL) combines high-quality stocks with covered calls to maximize income while preserving principal, carrying a 0.34% expense ratio.
The T. Rowe Price Hedged Equity ETF (THEQ) seeks long-term capital growth with reduced volatility by combining the firm’s…
