T. Rowe Price Group, Inc. (TROW) saw $2.5 billion in net flows into its ETF products in Q2, totaling $16.2 billion in assets by June 30. CEO Rob Sharps reported over $6 billion in ETF inflows in the first half of 2025, with 11 ETFs now holding over $500 million in assets.

As T. Rowe Price expands its ETF lineup, the company filed eight new strategies, including equity and fixed-income products. Eric Veiel highlighted zero-fee active core U.S. and international equity ETFs, targeting new market segments. The company aims to build momentum as the ETF suite gains traction and platform placement.

Two new zero-price active core equity ETFs target untapped markets, according to Veiel. CFO Jen Dardis noted the ETF growth is driven by clients switching from mutual funds and new investors entering through distribution channels. Approximately 25% of ETF flows come from clients transitioning from mutual funds.

With 24 ETF offerings as of June 30, T. Rowe Price has gained platform placements where mutual fund distribution agreements were lacking. Sharps highlighted the success of ETF placements on platforms that historically did not distribute the company’s mutual funds. Total assets under management reached $1.68 trillion by June 30.

In Q2, T. Rowe Price reported total assets under management of $1.68 trillion, up from the previous quarter. Net revenues totaled $1.73 billion, a slight decrease from the second quarter of 2024.ETF assets hit $16.2B in Q2 with strong inflows.

Read more at Yahoo Finance: T. Rowe Price ETF Assets Hit $16.2B in Q2 on Strong Flows