T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) Shares Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC raised its position in T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) by 14.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,031 shares of the company’s stock after purchasing an additional 2,455 shares during the quarter. Commonwealth Equity Services LLC owned about 0.48% of T. Rowe Price Equity Income ETF worth $812,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Glass Jacobson Investment Advisors llc acquired a new stake in T. Rowe Price Equity Income ETF during the 3rd quarter worth approximately $42,000. Cullen Frost Bankers Inc. raised its holdings in shares of T. Rowe Price Equity Income ETF by 66.7% in the 4th quarter. Cullen Frost Bankers Inc. now owns 1,030 shares of the company’s stock valued at $42,000 after purchasing an additional 412 shares in the last quarter. D.A. Davidson & CO. lifted its position in shares of T. Rowe Price Equity Income ETF by 31.5% during the 4th quarter. D.A. Davidson & CO. now owns 15,958 shares of the company’s stock worth $647,000 after purchasing an additional 3,822 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of T. Rowe Price Equity Income ETF by 47.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 21,490 shares of the company’s stock worth $872,000 after purchasing an additional 6,924 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in T. Rowe Price Equity Income ETF by 112.1% in the fourth quarter. Jones Financial Companies Lllp now owns 38,651 shares of the company’s stock valued at $1,568,000 after buying an additional 20,431 shares during the last quarter.

T. Rowe Price Equity Income ETF Stock Performance

NYSEARCA:TEQI opened at $42.04 on Thursday. T. Rowe Price Equity Income ETF has a 1 year low of $37.63 and a 1 year high of $43.65. The stock has a market cap of $301.01 million, a P/E ratio of 19.30 and a beta of 0.89. The stock has a 50-day simple moving average of $42.15 and a 200-day simple moving average of $41.93.

T. Rowe Price Equity Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a $0.1428 dividend. The ex-dividend date was Thursday, March 27th.

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.