T. Rowe Price Equity Income ETF $TEQI Position Trimmed by Cwm LLC

Cwm LLC lessened its holdings in shares of T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) by 9.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,803 shares of the company’s stock after selling 7,771 shares during the quarter. Cwm LLC’s holdings in T. Rowe Price Equity Income ETF were worth $3,310,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. D.A. Davidson & CO. grew its stake in T. Rowe Price Equity Income ETF by 10.4% during the 1st quarter. D.A. Davidson & CO. now owns 17,611 shares of the company’s stock valued at $737,000 after acquiring an additional 1,653 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in T. Rowe Price Equity Income ETF by 8.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 20,983 shares of the company’s stock valued at $879,000 after acquiring an additional 1,695 shares in the last quarter. Royal Bank of Canada grew its stake in 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 in the last quarter. Janney Montgomery Scott LLC grew its stake in T. Rowe Price Equity Income ETF by 15.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 19,647 shares of the company’s stock valued at $836,000 after acquiring an additional 2,615 shares in the last quarter. Finally, Triangle Securities Wealth Management grew its stake in T. Rowe Price Equity Income ETF by 109.8% during the 2nd quarter. Triangle Securities Wealth Management now owns 14,410 shares of the company’s stock valued at $613,000 after acquiring an additional 7,543 shares in the last quarter.

T. Rowe Price Equity Income ETF Price Performance

NYSEARCA:TEQI opened at $43.39 on Friday. The stock has a market cap of $326.73 million, a PE ratio of 17.60 and a beta of 0.88. T. Rowe Price Equity Income ETF has a fifty-two week low of $36.21 and a fifty-two week high of $44.33. The stock’s 50-day moving average is $43.62 and its two-hundred day moving average is $42.06.

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.