Ascentis Independent Advisors Buys New Shares in T. Rowe Price Equity Income ETF $TEQI

Ascentis Independent Advisors bought a new position in shares of T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,141 shares of the company’s stock, valued at approximately $457,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Royal Bank of Canada increased its stake in shares of T. Rowe Price Equity Income ETF by 11.4% during the 1st quarter. Royal Bank of Canada now owns 17,424 shares of the company’s stock valued at $730,000 after acquiring an additional 1,782 shares during the last quarter. NewEdge Advisors LLC acquired a new stake in shares of T. Rowe Price Equity Income ETF in the first quarter worth approximately $616,000. Bank of America Corp DE grew its holdings in T. Rowe Price Equity Income ETF by 21.8% in the third quarter. Bank of America Corp DE now owns 84,978 shares of the company’s stock valued at $3,727,000 after purchasing an additional 15,219 shares during the period. Triangle Securities Wealth Management grew its holdings in T. Rowe Price Equity Income ETF by 12.8% in the fourth quarter. Triangle Securities Wealth Management now owns 17,483 shares of the company’s stock valued at $790,000 after purchasing an additional 1,984 shares during the period. Finally, Lantz Financial LLC increased its position in T. Rowe Price Equity Income ETF by 10.2% during the fourth quarter. Lantz Financial LLC now owns 110,219 shares of the company’s stock worth $4,979,000 after purchasing an additional 10,212 shares during the last quarter.

T. Rowe Price Equity Income ETF Stock Up 0.1%

NYSEARCA:TEQI opened at $50.97 on Friday. The company has a market cap of $418.97 million, a P/E ratio of 17.60 and a beta of 0.76. T. Rowe Price Equity Income ETF has a fifty-two week low of $41.53 and a fifty-two week high of $51.66. The firm’s 50 day moving average is $49.84 and its two-hundred day moving average is $47.55.

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.