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

T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 10,045 shares, a decrease of 60.6% from the August 31st total of 25,507 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 44,275 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of T. Rowe Price Equity Income ETF

Several hedge funds have recently made changes to their positions in the business. Bank of America Corp DE grew its position in T. Rowe Price Equity Income ETF by 21.4% in the first quarter. Bank of America Corp DE now owns 122,015 shares of the company’s stock worth $5,493,000 after acquiring an additional 21,511 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of T. Rowe Price Equity Income ETF by 3.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 58,581 shares of the company’s stock valued at $2,646,000 after purchasing an additional 1,722 shares during the last quarter. M Holdings Securities Inc. boosted its holdings in shares of T. Rowe Price Equity Income ETF by 0.7% in the 2nd quarter. M Holdings Securities Inc. now owns 50,222 shares of the company’s stock worth $2,535,000 after purchasing an additional 362 shares during the period. Associated Banc Corp increased its position in shares of T. Rowe Price Equity Income ETF by 4.7% during the 1st quarter. Associated Banc Corp now owns 37,809 shares of the company’s stock valued at $1,702,000 after purchasing an additional 1,695 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its holdings in T. Rowe Price Equity Income ETF by 10.6% during the 1st quarter. Kestra Advisory Services LLC now owns 22,245 shares of the company’s stock valued at $1,001,000 after buying an additional 2,134 shares during the period.

T. Rowe Price Equity Income ETF Trading Down 1.3%

Shares of TEQI stock traded down $0.68 on Monday, reaching $50.98. The company’s stock had a trading volume of 5,390 shares, compared to its average volume of 15,579. The stock’s fifty day simple moving average is $52.25 and its 200-day simple moving average is $49.75. T. Rowe Price Equity Income ETF has a 1 year low of $42.44 and a 1 year high of $53.35. The company has a market capitalization of $479.21 million, a price-to-earnings ratio of 17.60 and a beta of 0.76.

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.