T. Rowe Price Equity Income ETF $TEQI Stock Sold by Quantum Financial Partners LLC

Quantum Financial Partners LLC cut its position in T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) by 9.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 107,604 shares of the company’s stock after selling 11,065 shares during the quarter. T. Rowe Price Equity Income ETF comprises about 2.8% of Quantum Financial Partners LLC’s portfolio, making the stock its 10th biggest holding. Quantum Financial Partners LLC’s holdings in T. Rowe Price Equity Income ETF were worth $5,445,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TEQI. Bank of America Corp DE increased its position in T. Rowe Price Equity Income ETF by 21.4% during the 1st quarter. Bank of America Corp DE now owns 122,015 shares of the company’s stock worth $5,493,000 after buying an additional 21,511 shares during the period. Ascentis Independent Advisors bought a new stake in shares of T. Rowe Price Equity Income ETF in the first quarter valued at about $457,000. Kestra Advisory Services LLC boosted its position in shares of T. Rowe Price Equity Income ETF by 10.6% in the first quarter. Kestra Advisory Services LLC now owns 22,245 shares of the company’s stock valued at $1,001,000 after acquiring an additional 2,134 shares during the period. Associated Banc Corp grew its stake in shares of T. Rowe Price Equity Income ETF by 4.7% in the first quarter. Associated Banc Corp now owns 37,809 shares of the company’s stock valued at $1,702,000 after acquiring an additional 1,695 shares in the last quarter. Finally, Triangle Securities Wealth Management boosted its holdings in T. Rowe Price Equity Income ETF by 7.0% in the 1st quarter. Triangle Securities Wealth Management now owns 18,704 shares of the company’s stock valued at $842,000 after purchasing an additional 1,221 shares during the period.

T. Rowe Price Equity Income ETF Stock Down 0.3%

Shares of TEQI traded down $0.16 during mid-day trading on Monday, hitting $51.99. 3,045 shares of the company’s stock were exchanged, compared to its average volume of 17,998. The firm has a market cap of $460.15 million, a price-to-earnings ratio of 17.60 and a beta of 0.77. The stock’s 50-day simple moving average is $52.03 and its 200-day simple moving average is $50.41. T. Rowe Price Equity Income ETF has a 52 week low of $42.44 and a 52 week high of $53.35.

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.