Commonwealth Equity Services LLC Grows Holdings in T. Rowe Price Equity Income ETF (NYSEARCA:TEQI)

Commonwealth Equity Services LLC increased its stake in shares of T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) by 20.9% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 19,178 shares of the company’s stock after purchasing an additional 3,312 shares during the period. Commonwealth Equity Services LLC owned approximately 0.46% of T. Rowe Price Equity Income ETF worth $752,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. D.A. Davidson & CO. boosted its position in shares of T. Rowe Price Equity Income ETF by 9.1% during the fourth quarter. D.A. Davidson & CO. now owns 10,062 shares of the company’s stock worth $368,000 after buying an additional 839 shares during the period. Janney Montgomery Scott LLC lifted its stake in T. Rowe Price Equity Income ETF by 72.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 11,448 shares of the company’s stock worth $454,000 after acquiring an additional 4,797 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in T. Rowe Price Equity Income ETF by 47.1% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 28,828 shares of the company’s stock valued at $1,131,000 after acquiring an additional 9,229 shares during the period. CWM LLC grew its position in T. Rowe Price Equity Income ETF by 50.0% in the 2nd quarter. CWM LLC now owns 40,917 shares of the company’s stock valued at $1,605,000 after acquiring an additional 13,641 shares in the last quarter. Finally, Lantz Financial LLC increased its stake in T. Rowe Price Equity Income ETF by 6.5% during the first quarter. Lantz Financial LLC now owns 54,074 shares of the company’s stock worth $2,143,000 after purchasing an additional 3,299 shares during the period.

T. Rowe Price Equity Income ETF Stock Performance

NYSEARCA TEQI opened at $41.32 on Thursday. The firm has a market cap of $171.46 million, a price-to-earnings ratio of 17.20 and a beta of 0.74. The firm has a 50 day simple moving average of $40.43 and a 200-day simple moving average of $39.59. T. Rowe Price Equity Income ETF has a one year low of $31.75 and a one year high of $41.71.

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.