Kowal Investment Group LLC Sells 489 Shares of T. Rowe Price Equity Income ETF (NYSEARCA:TEQI)

Kowal Investment Group LLC reduced its position in T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) by 7.6% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 5,955 shares of the company’s stock after selling 489 shares during the period. Kowal Investment Group LLC owned 0.15% of T. Rowe Price Equity Income ETF worth $236,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in TEQI. D.A. Davidson & CO. grew its stake in shares of T. Rowe Price Equity Income ETF by 9.1% during the fourth quarter. D.A. Davidson & CO. now owns 10,062 shares of the company’s stock worth $368,000 after purchasing an additional 839 shares during the period. Lantz Financial LLC grew its stake in shares of T. Rowe Price Equity Income ETF by 4.1% during the fourth quarter. Lantz Financial LLC now owns 50,775 shares of the company’s stock worth $1,855,000 after purchasing an additional 2,002 shares during the period. Trust Co of Kansas acquired a new stake in shares of T. Rowe Price Equity Income ETF during the fourth quarter worth $209,000. Finally, Bond & Devick Financial Network Inc. acquired a new stake in shares of T. Rowe Price Equity Income ETF during the fourth quarter worth $236,000.

T. Rowe Price Equity Income ETF Trading Down 0.2 %

NYSEARCA:TEQI opened at $39.15 on Tuesday. T. Rowe Price Equity Income ETF has a 1 year low of $31.75 and a 1 year high of $40.23. The stock has a market cap of $162.47 million, a price-to-earnings ratio of 17.20 and a beta of 0.74. The stock has a 50-day moving average price of $39.41 and a two-hundred day moving average price of $38.18.

T. Rowe Price Equity Income ETF 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.