T. Rowe Price Equity Income ETF $TEQI Stock: Quantum Financial Partners LLC Lowers Holdings

Quantum Financial Partners LLC cut its position in shares of T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) by 9.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 107,604 shares of the company’s stock after selling 11,065 shares during the period. T. Rowe Price Equity Income ETF accounts for 2.8% of Quantum Financial Partners LLC’s portfolio, making the stock its 10th largest holding. Quantum Financial Partners LLC owned 1.22% of T. Rowe Price Equity Income ETF worth $5,445,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Bank of America Corp DE lifted its position in shares of T. Rowe Price Equity Income ETF by 21.4% in the first quarter. Bank of America Corp DE now owns 122,015 shares of the company’s stock valued at $5,493,000 after buying an additional 21,511 shares during the last quarter. Ascentis Independent Advisors acquired a new position in shares of T. Rowe Price Equity Income ETF during the 1st quarter worth approximately $457,000. Kestra Advisory Services LLC increased its holdings in shares of T. Rowe Price Equity Income ETF by 10.6% during the 1st quarter. Kestra Advisory Services LLC now owns 22,245 shares of the company’s stock worth $1,001,000 after acquiring an additional 2,134 shares during the last quarter. M Holdings Securities Inc. increased its holdings in shares of T. Rowe Price Equity Income ETF by 0.7% during the 2nd quarter. M Holdings Securities Inc. now owns 50,222 shares of the company’s stock worth $2,535,000 after acquiring an additional 362 shares during the last quarter. Finally, Associated Banc Corp raised its stake in T. Rowe Price Equity Income ETF by 4.7% in the 1st quarter. Associated Banc Corp now owns 37,809 shares of the company’s stock valued at $1,702,000 after acquiring an additional 1,695 shares during the period.

T. Rowe Price Equity Income ETF Stock Performance

TEQI traded down $0.16 during trading hours on Monday, reaching $51.99. The company’s stock had a trading volume of 3,045 shares, compared to its average volume of 17,998. The company’s 50-day moving average is $52.03 and its 200-day moving average is $50.41. T. Rowe Price Equity Income ETF has a 52 week low of $42.44 and a 52 week high of $53.35. The firm has a market cap of $460.15 million, a PE ratio of 17.60 and a beta of 0.77.

T. Rowe Price Equity Income ETF Profile

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.