Jones Financial Companies Lllp Acquires 39,873 Shares of T. Rowe Price Equity Income ETF $TEQI

Jones Financial Companies Lllp lifted its holdings in shares of T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) by 38.9% during the third quarter, HoldingsChannel reports. The firm owned 142,383 shares of the company’s stock after purchasing an additional 39,873 shares during the quarter. Jones Financial Companies Lllp’s holdings in T. Rowe Price Equity Income ETF were worth $6,245,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC raised its position in T. Rowe Price Equity Income ETF by 15.4% in the second quarter. Janney Montgomery Scott LLC now owns 19,647 shares of the company’s stock worth $836,000 after acquiring an additional 2,615 shares during the period. Landaas & Co. WI ADV increased its stake in shares of T. Rowe Price Equity Income ETF by 81.7% during the 2nd quarter. Landaas & Co. WI ADV now owns 85,200 shares of the company’s stock worth $3,624,000 after purchasing an additional 38,304 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of T. Rowe Price Equity Income ETF by 11.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 23,432 shares of the company’s stock worth $997,000 after purchasing an additional 2,449 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of T. Rowe Price Equity Income ETF by 9.3% in the 2nd quarter. Cetera Investment Advisers now owns 127,292 shares of the company’s stock worth $5,415,000 after purchasing an additional 10,824 shares during the period. Finally, M Holdings Securities Inc. purchased a new position in T. Rowe Price Equity Income ETF in the second quarter valued at approximately $1,986,000.

T. Rowe Price Equity Income ETF Trading Down 1.0%

Shares of NYSEARCA TEQI opened at $46.97 on Friday. The firm has a market cap of $380.46 million, a price-to-earnings ratio of 17.60 and a beta of 0.85. The stock has a fifty day simple moving average of $45.72 and a two-hundred day simple moving average of $44.23. T. Rowe Price Equity Income ETF has a 1-year low of $36.21 and a 1-year high of $47.57.

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.