Cambridge Investment Research Advisors Inc. Has $772,000 Stock Holdings in T. Rowe Price Equity Income ETF (NYSEARCA:TEQI)

Cambridge Investment Research Advisors Inc. trimmed its stake in shares of T. Rowe Price Equity Income ETF (NYSEARCA:TEQI – Get Rating) by 1.5% in the 4th quarter, HoldingsChannel reports. The firm owned 22,647 shares of the company’s stock after selling 345 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in T. Rowe Price Equity Income ETF were worth $772,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Cetera Investment Advisers grew its position in T. Rowe Price Equity Income ETF by 99.3% during the 1st quarter. Cetera Investment Advisers now owns 15,871 shares of the company’s stock worth $587,000 after purchasing an additional 7,908 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of T. Rowe Price Equity Income ETF by 65.0% during the first quarter. Royal Bank of Canada now owns 13,690 shares of the company’s stock valued at $506,000 after buying an additional 5,395 shares in the last quarter. Citadel Advisors LLC acquired a new position in T. Rowe Price Equity Income ETF during the second quarter valued at $296,000. Kestra Advisory Services LLC purchased a new stake in T. Rowe Price Equity Income ETF in the 3rd quarter worth about $228,000. Finally, Stonebridge Capital Advisors LLC acquired a new stake in T. Rowe Price Equity Income ETF during the 3rd quarter worth about $34,000.

T. Rowe Price Equity Income ETF Price Performance

NYSEARCA:TEQI opened at $33.23 on Monday. The stock has a market cap of $103.01 million, a PE ratio of 13.44 and a beta of 0.88. T. Rowe Price Equity Income ETF has a fifty-two week low of $30.58 and a fifty-two week high of $36.23. The stock’s 50-day moving average is $33.37 and its two-hundred day moving average is $34.35.

T. Rowe Price Equity Income ETF Profile

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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.