Ethos Financial Group LLC Invests $245,000 in T. Rowe Price Equity Income ETF $TEQI

Ethos Financial Group LLC purchased a new stake in shares of T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) during the second quarter, HoldingsChannel reports. The institutional investor purchased 5,748 shares of the company’s stock, valued at approximately $245,000.

A number of other hedge funds also recently added to or reduced their stakes in TEQI. Glass Jacobson Investment Advisors llc lifted its position in T. Rowe Price Equity Income ETF by 105.7% in the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 4,617 shares of the company’s stock valued at $196,000 after acquiring an additional 2,373 shares in the last quarter. Triangle Securities Wealth Management boosted its position in shares of T. Rowe Price Equity Income ETF by 109.8% during the second quarter. Triangle Securities Wealth Management now owns 14,410 shares of the company’s stock valued at $613,000 after buying an additional 7,543 shares during the last quarter. NewEdge Advisors LLC bought a new stake in T. Rowe Price Equity Income ETF in the 1st quarter worth about $616,000. Royal Bank of Canada lifted 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 during the period. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of 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 during the last quarter.

T. Rowe Price Equity Income ETF Stock Up 0.9%

Shares of T. Rowe Price Equity Income ETF stock opened at $43.41 on Friday. T. Rowe Price Equity Income ETF has a twelve month low of $36.21 and a twelve month high of $44.46. The company has a market cap of $334.26 million, a price-to-earnings ratio of 17.60 and a beta of 0.85. The company’s 50 day moving average is $43.69 and its 200 day moving average is $42.60.

T. Rowe Price Equity Income ETF Company 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.