T. Rowe Price likes stock picking now
From CNBC: 2025-04-25 07:00:00
T. Rowe Price is experiencing growth in actively managed ETFs, with the T. Rowe Price Capital Appreciation Equity ETF and T. Rowe Price U.S. Equity Research ETF meeting investor demand for professionally managed portfolios. The former aims to outperform the S&P 500 with lower volatility and greater tax efficiency, holding top positions in companies like Microsoft, Amazon, and Apple.
Although the T. Rowe Price Capital Appreciation Equity ETF is down about 5% this year, it has seen an 8% increase over the past year, similar to the S&P 500’s performance. The T. Rowe Price U.S. Equity Research ETF follows a similar strategy with a heavier weighting in top tech stocks, performing almost 9% better than the S&P 500 over the past year.
Strategas Securities’ Todd Sohn believes active management demand will remain strong in the current market environment, stating that this is where active managers can shine. Sohn notes that we are in some form of a bear market, where active managers can offer their solutions effectively.
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