Independent Financial Group LLC Invests $702,000 in T. Rowe Price Technology ETF $TTEQ

Independent Financial Group LLC acquired a new stake in T. Rowe Price Technology ETF (NASDAQ:TTEQ) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 23,200 shares of the company’s stock, valued at approximately $702,000. Independent Financial Group LLC owned about 0.44% of T. Rowe Price Technology ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of TTEQ. Northwestern Mutual Wealth Management Co. acquired a new stake in T. Rowe Price Technology ETF during the second quarter worth approximately $27,000. Arax Advisory Partners acquired a new position in T. Rowe Price Technology ETF in the 4th quarter valued at $31,000. Private Trust Co. NA purchased a new position in shares of T. Rowe Price Technology ETF during the 4th quarter worth $39,000. Osaic Holdings Inc. lifted its stake in shares of T. Rowe Price Technology ETF by 43.9% during the 4th quarter. Osaic Holdings Inc. now owns 8,308 shares of the company’s stock worth $270,000 after purchasing an additional 2,536 shares during the period. Finally, Benjamin Edwards Inc. purchased a new position in shares of T. Rowe Price Technology ETF during the 2nd quarter worth $309,000.

T. Rowe Price Technology ETF Stock Up 3.4%

TTEQ stock opened at $41.41 on Wednesday. The stock has a market capitalization of $351.16 million, a price-to-earnings ratio of 36.82 and a beta of 1.82. T. Rowe Price Technology ETF has a 52-week low of $28.69 and a 52-week high of $45.76. The stock’s fifty day simple moving average is $42.50 and its 200-day simple moving average is $36.52.

T. Rowe Price Technology ETF Company Profile

The T. Rowe Price Technology ETF (TTEQ) is an exchange-traded fund. The ETF currently has 28.34m in AUM and 56 holdings. TTEQ is actively managed, seeking long-term capital growth by investing in large-cap technology companies globally and those whose market share is largely based on their technology capabilities. TTEQ was launched on Oct 23, 2024 and is issued by T. Rowe Price.