Northwestern Mutual Wealth Management Co. Boosts Stake in T. Rowe Price Technology ETF $TTEQ

Northwestern Mutual Wealth Management Co. raised its holdings in T. Rowe Price Technology ETF (NASDAQ:TTEQ) by 5,328.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 49,670 shares of the company’s stock after purchasing an additional 48,755 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 1.23% of T. Rowe Price Technology ETF worth $1,615,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TTEQ. Citadel Advisors LLC raised its position in T. Rowe Price Technology ETF by 453.3% in the third quarter. Citadel Advisors LLC now owns 67,939 shares of the company’s stock valued at $2,194,000 after purchasing an additional 55,661 shares during the period. 4J Wealth Management LLC raised its position in T. Rowe Price Technology ETF by 29.1% in the fourth quarter. 4J Wealth Management LLC now owns 183,711 shares of the company’s stock valued at $5,974,000 after purchasing an additional 41,460 shares during the period. Jane Street Group LLC raised its position in T. Rowe Price Technology ETF by 306.4% in the second quarter. Jane Street Group LLC now owns 50,000 shares of the company’s stock valued at $1,454,000 after purchasing an additional 37,697 shares during the period. Osaic Holdings Inc. raised its position in T. Rowe Price Technology ETF by 654.8% in the second quarter. Osaic Holdings Inc. now owns 19,309 shares of the company’s stock valued at $561,000 after purchasing an additional 16,751 shares during the period. Finally, Benjamin Edwards Inc. purchased a new stake in T. Rowe Price Technology ETF in the second quarter valued at $309,000.

T. Rowe Price Technology ETF Stock Down 0.2%

NASDAQ:TTEQ opened at $43.18 on Thursday. T. Rowe Price Technology ETF has a 52 week low of $26.17 and a 52 week high of $43.62. The company has a market capitalization of $227.99 million, a P/E ratio of 36.82 and a beta of 1.73. The stock’s fifty day moving average is $35.90 and its two-hundred day moving average is $33.71.

T. Rowe Price Technology ETF Company Profile

The T. Rowe Price Technology ETF (TTEQ) is an exchange-traded fund. The ETF currently has 28.34m in AUM and 56 holdings. TTEQ is actively managed, seeking long-term capital growth by investing in large-cap technology companies globally and those whose market share is largely based on their technology capabilities. TTEQ was launched on Oct 23, 2024 and is issued by T. Rowe Price.