D.A. Davidson & CO. Buys New Holdings in T. Rowe Price Equity Income ETF $TEQI

D.A. Davidson & CO. bought a new position in T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) in the third quarter, according to the company in its most recent disclosure with the SEC. The fund bought 13,281 shares of the company’s stock, valued at approximately $672,000.

A number of other hedge funds have also added to or reduced their stakes in TEQI. Ascentis Independent Advisors bought a new position in shares of T. Rowe Price Equity Income ETF during the 1st quarter valued at $457,000. Kestra Advisory Services LLC grew its holdings 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 worth $1,001,000 after acquiring an additional 2,134 shares during the period. Associated Banc Corp increased its position in T. Rowe Price Equity Income ETF by 4.7% during 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 during the last quarter. M Holdings Securities Inc. lifted its holdings in T. Rowe Price Equity Income ETF by 0.7% in the second quarter. M Holdings Securities Inc. now owns 50,222 shares of the company’s stock valued at $2,535,000 after acquiring an additional 362 shares during the period. Finally, Bank of America Corp DE lifted its holdings 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 valued at $5,493,000 after acquiring an additional 21,511 shares during the period.

T. Rowe Price Equity Income ETF Stock Down 0.5%

Shares of T. Rowe Price Equity Income ETF stock traded down $0.27 during trading hours on Friday, reaching $52.63. 6,803 shares of the stock traded hands, compared to its average volume of 17,539. The company has a 50 day moving average price of $52.07 and a 200 day moving average price of $49.64. The firm has a market capitalization of $468.41 million, a price-to-earnings ratio of 17.60 and a beta of 0.77. T. Rowe Price Equity Income ETF has a one year low of $42.44 and a one year high of $54.51.

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.