Dynamic Advisor Solutions LLC Cuts Stock Position in T. Rowe Price Equity Income ETF $TEQI

Dynamic Advisor Solutions LLC trimmed its holdings in shares of T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) by 24.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,425 shares of the company’s stock after selling 19,317 shares during the quarter. Dynamic Advisor Solutions LLC owned approximately 0.74% of T. Rowe Price Equity Income ETF worth $2,729,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. J.W. Cole Advisors Inc. increased its holdings in T. Rowe Price Equity Income ETF by 6.6% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 6,458 shares of the company’s stock worth $275,000 after acquiring an additional 400 shares in the last quarter. Triangle Securities Wealth Management lifted its holdings in T. Rowe Price Equity Income ETF by 7.6% during the third quarter. Triangle Securities Wealth Management now owns 15,499 shares of the company’s stock valued at $680,000 after purchasing an additional 1,089 shares in the last quarter. Royal Bank of Canada grew its position in shares of T. Rowe Price Equity Income ETF by 11.4% in the first quarter. Royal Bank of Canada now owns 17,424 shares of the company’s stock valued at $730,000 after purchasing an additional 1,782 shares during the period. Lantz Financial LLC grew its position in shares of T. Rowe Price Equity Income ETF by 6.2% in the third quarter. Lantz Financial LLC now owns 100,007 shares of the company’s stock valued at $4,386,000 after purchasing an additional 5,871 shares during the period. Finally, Landaas & Co. WI ADV increased its stake in shares of T. Rowe Price Equity Income ETF by 9.6% during the third quarter. Landaas & Co. WI ADV now owns 93,364 shares of the company’s stock worth $4,095,000 after purchasing an additional 8,164 shares in the last quarter.

T. Rowe Price Equity Income ETF Stock Up 1.2%

TEQI opened at $44.94 on Tuesday. The company has a market cap of $364.01 million, a PE ratio of 17.60 and a beta of 0.85. T. Rowe Price Equity Income ETF has a twelve month low of $36.21 and a twelve month high of $47.99. The company has a 50-day moving average price of $46.58 and a 200 day moving average price of $45.05.

T. Rowe Price Equity Income ETF Company 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. Rowe Price.