Shares of T. Rowe Price Group Inc. TROW inched 0.22% higher to $176.95 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.15% to 4,079.95 and the Dow Jones Industrial Average DJIA rising 0.05% to 33,446.26. This was the stock's fourth consecutive day of gains. T. Rowe Price Group Inc. closed $2.67 below its 52-week high ($179.62), which the company reached on March 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Ameriprise Financial Inc. AMP rose 0.70% to $238.09 and Franklin Resources Inc. BEN rose 0.13% to $30.45. Trading volume (585,809) remained 614,144 below its 50-day average volume of 1.2 M.