M Holdings Securities Inc. Acquires Shares of 48,724 T. Rowe Price Equity Income ETF $TEQI

M Holdings Securities Inc. acquired a new stake in shares of T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 48,724 shares of the company’s stock, valued at approximately $2,201,000. M Holdings Securities Inc. owned about 0.60% of T. Rowe Price Equity Income ETF as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. raised its stake in shares of T. Rowe Price Equity Income ETF by 3.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 58,581 shares of the company’s stock valued at $2,646,000 after buying an additional 1,722 shares during the last quarter. Integrity Alliance LLC. purchased a new position in shares of T. Rowe Price Equity Income ETF during the 4th quarter valued at about $460,000. Associated Banc Corp purchased a new position in shares of T. Rowe Price Equity Income ETF in the 4th quarter valued at about $1,631,000. Aprio Wealth Management LLC acquired a new position in T. Rowe Price Equity Income ETF in the 4th quarter worth about $17,717,000. Finally, CWM LLC raised its holdings in T. Rowe Price Equity Income ETF by 1.3% in the 4th quarter. CWM LLC now owns 78,261 shares of the company’s stock worth $3,535,000 after purchasing an additional 981 shares during the period.

T. Rowe Price Equity Income ETF Trading Down 0.9%

NYSEARCA TEQI opened at $49.24 on Thursday. The stock has a market capitalization of $401.31 million, a price-to-earnings ratio of 17.60 and a beta of 0.76. T. Rowe Price Equity Income ETF has a twelve month low of $41.53 and a twelve month high of $50.20. The stock has a 50-day moving average of $48.16 and a 200 day moving average of $46.68.

About T. Rowe Price Equity Income ETF

The T. Rowe Price Equity Income ETF (TEQI) is an exchange-traded fund that is based on the Russell 1000 Value index. The ETF currently has 106.18m in AUM and 111 holdings. TEQI is an actively-managed, non-transparent fund of global large-cap companies that are positioned to outperform the Russell 1000 Value Index TEQI was launched on Aug 4, 2020 and is managed by T. Rowe Price.