46,853 Shares in T. Rowe Price Equity Income ETF $TEQI Purchased by M Holdings Securities Inc.

M Holdings Securities Inc. purchased a new position in shares of T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 46,853 shares of the company’s stock, valued at approximately $1,986,000. M Holdings Securities Inc. owned about 0.62% of T. Rowe Price Equity Income ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Janney Montgomery Scott LLC lifted its holdings in T. Rowe Price Equity Income ETF by 15.4% in the second quarter. Janney Montgomery Scott LLC now owns 19,647 shares of the company’s stock valued at $836,000 after acquiring an additional 2,615 shares during the period. Landaas & Co. WI ADV increased its holdings in shares of T. Rowe Price Equity Income ETF by 81.7% during the 2nd quarter. Landaas & Co. WI ADV now owns 85,200 shares of the company’s stock valued at $3,624,000 after purchasing an additional 38,304 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of T. Rowe Price Equity Income ETF by 11.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 23,432 shares of the company’s stock valued at $997,000 after purchasing an additional 2,449 shares during the period. Merit Financial Group LLC acquired a new position in shares of T. Rowe Price Equity Income ETF in the 2nd quarter valued at $3,451,000. Finally, Lantz Financial LLC boosted its holdings in T. Rowe Price Equity Income ETF by 8.9% during the second quarter. Lantz Financial LLC now owns 94,136 shares of the company’s stock worth $4,005,000 after buying an additional 7,701 shares in the last quarter.

T. Rowe Price Equity Income ETF Stock Performance

TEQI stock opened at $44.71 on Friday. T. Rowe Price Equity Income ETF has a one year low of $36.21 and a one year high of $44.76. The firm’s fifty day moving average is $43.72 and its 200 day moving average is $43.06. The firm has a market cap of $344.27 million, a PE ratio of 17.60 and a beta of 0.85.

About T. Rowe Price Equity Income ETF

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.