D.A. Davidson & CO. Increases Stock Holdings in T. Rowe Price Equity Income ETF (NYSEARCA:TEQI)

D.A. Davidson & CO. raised its stake in T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) by 31.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,958 shares of the company’s stock after purchasing an additional 3,822 shares during the period. D.A. Davidson & CO. owned 0.38% of T. Rowe Price Equity Income ETF worth $647,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC increased its stake in T. Rowe Price Equity Income ETF by 47.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 21,490 shares of the company’s stock valued at $872,000 after purchasing an additional 6,924 shares during the last quarter. Lantz Financial LLC increased its stake in T. Rowe Price Equity Income ETF by 5.3% in the fourth quarter. Lantz Financial LLC now owns 79,146 shares of the company’s stock valued at $3,210,000 after purchasing an additional 3,961 shares during the last quarter. Stifel Financial Corp increased its stake in T. Rowe Price Equity Income ETF by 30.2% in the third quarter. Stifel Financial Corp now owns 77,508 shares of the company’s stock valued at $3,238,000 after purchasing an additional 17,966 shares during the last quarter. Finally, Glass Jacobson Investment Advisors llc purchased a new position in T. Rowe Price Equity Income ETF in the third quarter valued at approximately $42,000.

T. Rowe Price Equity Income ETF Stock Up 0.1 %

Shares of T. Rowe Price Equity Income ETF stock opened at $42.40 on Tuesday. The firm has a market capitalization of $292.56 million, a P/E ratio of 19.70 and a beta of 0.89. T. Rowe Price Equity Income ETF has a 52 week low of $37.63 and a 52 week high of $43.65. The firm’s 50 day moving average is $41.67 and its two-hundred day moving average is $41.73.

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.