T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) Short Interest Down 23.6% in March

T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) saw a large decline in short interest in March. As of March 31st, there was short interest totaling 14,342 shares, a decline of 23.6% from the March 15th total of 18,772 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 10,861 shares, the short-interest ratio is currently 1.3 days.

T. Rowe Price Equity Income ETF Stock Up 0.1%

Shares of NYSEARCA TEQI opened at $46.76 on Wednesday. The stock has a market capitalization of $381.09 million, a price-to-earnings ratio of 17.60 and a beta of 0.77. T. Rowe Price Equity Income ETF has a 52 week low of $37.69 and a 52 week high of $47.99. The firm has a 50-day moving average price of $46.28 and a 200 day moving average price of $45.25.

Institutional Investors Weigh In On T. Rowe Price Equity Income ETF

A number of hedge funds and other institutional investors have recently modified their holdings of TEQI. Price T Rowe Associates Inc. MD grew its holdings in shares of T. Rowe Price Equity Income ETF by 20.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,184,954 shares of the company’s stock worth $143,865,000 after acquiring an additional 530,853 shares during the period. Aprio Wealth Management LLC acquired a new stake in T. Rowe Price Equity Income ETF in the fourth quarter valued at $17,717,000. M Holdings Securities Inc. purchased a new position in shares of T. Rowe Price Equity Income ETF in the fourth quarter valued at $2,201,000. Jones Financial Companies Lllp raised its stake in shares of T. Rowe Price Equity Income ETF by 38.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 142,383 shares of the company’s stock worth $6,245,000 after buying an additional 39,873 shares during the last quarter. Finally, Associated Banc Corp acquired a new position in shares of T. Rowe Price Equity Income ETF during the 4th quarter worth $1,631,000.

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. Rowe Price.