T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) Short Interest Update

T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) was the recipient of a large growth in short interest in January. As of January 30th, there was short interest totaling 3,985 shares, a growth of 201.2% from the January 15th total of 1,323 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 8,553 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 8,553 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.0% of the company’s stock are short sold.

T. Rowe Price Equity Income ETF Price Performance

Shares of NYSEARCA:TEQI opened at $47.58 on Friday. The business’s 50-day moving average is $46.09 and its 200 day moving average is $44.42. The firm has a market capitalization of $385.40 million, a P/E ratio of 17.60 and a beta of 0.85. T. Rowe Price Equity Income ETF has a 1 year low of $36.21 and a 1 year high of $47.99.

Institutional Trading of T. Rowe Price Equity Income ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Kestra Advisory Services LLC increased its holdings in shares of T. Rowe Price Equity Income ETF by 1.1% during the 4th quarter. Kestra Advisory Services LLC now owns 20,111 shares of the company’s stock worth $908,000 after buying an additional 223 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in T. Rowe Price Equity Income ETF by 17.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 23,228 shares of the company’s stock worth $1,049,000 after acquiring an additional 3,477 shares during the last quarter. Empowered Funds LLC purchased a new stake in T. Rowe Price Equity Income ETF in the fourth quarter valued at $130,000. M Holdings Securities Inc. acquired a new position in shares of T. Rowe Price Equity Income ETF in the 4th quarter valued at $2,201,000. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of T. Rowe Price Equity Income ETF by 3.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 58,581 shares of the company’s stock worth $2,646,000 after purchasing an additional 1,722 shares during the period.

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. Rowe Price.