Lantz Financial LLC Acquires 3,917 Shares of T. Rowe Price Equity Income ETF (NYSEARCA:TEQI)

Lantz Financial LLC grew its holdings in shares of T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) by 10.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,890 shares of the company’s stock after purchasing an additional 3,917 shares during the quarter. Lantz Financial LLC owned about 1.40% of T. Rowe Price Equity Income ETF worth $1,478,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Advisor Group Holdings Inc. bought a new position in T. Rowe Price Equity Income ETF in the 4th quarter worth $40,000. UBS Group AG bought a new position in T. Rowe Price Equity Income ETF in the 1st quarter worth $198,000. Cetera Investment Advisers bought a new position in T. Rowe Price Equity Income ETF in the 4th quarter worth $208,000. D.A. Davidson & CO. bought a new position in T. Rowe Price Equity Income ETF in the 1st quarter worth $293,000. Finally, Citadel Advisors LLC bought a new position in T. Rowe Price Equity Income ETF in the 2nd quarter worth $296,000.

T. Rowe Price Equity Income ETF Stock Performance

TEQI remained flat at $34.62 during trading on Tuesday. 330 shares of the company traded hands, compared to its average volume of 12,468. The stock has a market capitalization of $124.29 million, a price-to-earnings ratio of 13.44 and a beta of 0.88. T. Rowe Price Equity Income ETF has a 12-month low of $30.58 and a 12-month high of $36.23. The company has a 50 day simple moving average of $34.87 and a 200 day simple moving average of $34.03.

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.