T. Rowe Price Equity Income ETF $TEQI Shares Sold by Cwm LLC

Cwm LLC lowered its stake in T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) by 9.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,803 shares of the company’s stock after selling 7,771 shares during the quarter. Cwm LLC owned approximately 1.03% of T. Rowe Price Equity Income ETF worth $3,310,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Price T Rowe Associates Inc. MD increased its stake in T. Rowe Price Equity Income ETF by 12.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,404,101 shares of the company’s stock worth $100,665,000 after purchasing an additional 270,000 shares in the last quarter. Cetera Investment Advisers increased its stake in T. Rowe Price Equity Income ETF by 10.8% in the 1st quarter. Cetera Investment Advisers now owns 116,468 shares of the company’s stock worth $4,877,000 after purchasing an additional 11,339 shares in the last quarter. Lantz Financial LLC increased its stake in T. Rowe Price Equity Income ETF by 8.9% in the 2nd quarter. Lantz Financial LLC now owns 94,136 shares of the company’s stock worth $4,005,000 after purchasing an additional 7,701 shares in the last quarter. Merit Financial Group LLC purchased a new position in T. Rowe Price Equity Income ETF in the 2nd quarter worth about $3,451,000. Finally, Landaas & Co. WI ADV increased its stake in T. Rowe Price Equity Income ETF by 517.5% in the 1st quarter. Landaas & Co. WI ADV now owns 46,896 shares of the company’s stock worth $1,964,000 after purchasing an additional 39,301 shares in the last quarter.

T. Rowe Price Equity Income ETF Trading Up 0.6%

Shares of TEQI opened at $43.39 on Friday. The business’s 50-day moving average price is $43.62 and its 200 day moving average price is $42.06. The stock has a market capitalization of $326.73 million, a P/E ratio of 17.60 and a beta of 0.88. T. Rowe Price Equity Income ETF has a 1-year low of $36.21 and a 1-year high of $44.33.

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.