T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) Sees Significant Decrease in Short Interest

by · The Cerbat Gem

T. Rowe Price Equity Income ETF (NYSEARCA:TEQI – Get Free Report) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 1,323 shares, a decline of 81.9% from the December 31st total of 7,328 shares. Based on an average trading volume of 21,230 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 21,230 shares, the short-interest ratio is presently 0.1 days.

T. Rowe Price Equity Income ETF Price Performance

Shares of TEQI traded up $0.16 during mid-day trading on Thursday, reaching $46.50. The stock had a trading volume of 3,997 shares, compared to its average volume of 15,321. T. Rowe Price Equity Income ETF has a 52-week low of $36.21 and a 52-week high of $46.69. The firm has a market cap of $376.65 million, a price-to-earnings ratio of 17.60 and a beta of 0.85. The business’s fifty day moving average is $45.40 and its 200 day moving average is $44.08.

Institutional Trading of T. Rowe Price Equity Income ETF

Institutional investors have recently made changes to their positions in the company. Aprio Wealth Management LLC purchased a new position in T. Rowe Price Equity Income ETF in the fourth quarter worth approximately $17,717,000. Jones Financial Companies Lllp raised its position in T. Rowe Price Equity Income ETF by 38.9% in the third quarter. Jones Financial Companies Lllp now owns 142,383 shares of the company’s stock valued at $6,245,000 after purchasing an additional 39,873 shares during the period. Cetera Investment Advisers lifted its stake in shares of T. Rowe Price Equity Income ETF by 9.3% in the 2nd quarter. Cetera Investment Advisers now owns 127,292 shares of the company’s stock valued at $5,415,000 after purchasing an additional 10,824 shares during the last quarter. Lantz Financial LLC grew its holdings in shares of T. Rowe Price Equity Income ETF by 10.2% during the 4th quarter. Lantz Financial LLC now owns 110,219 shares of the company’s stock worth $4,979,000 after purchasing an additional 10,212 shares during the period. Finally, Landaas & Co. WI ADV grew its holdings in shares of T. Rowe Price Equity Income ETF by 6.1% during the 4th quarter. Landaas & Co. WI ADV now owns 99,032 shares of the company’s stock worth $4,473,000 after purchasing an additional 5,668 shares during the period.

About T. Rowe Price Equity Income ETF

(Get Free Report)

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. Rowe Price.

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