Short Interest in T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) Rises By 18.9%

T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 17,054 shares, an increase of 18.9% from the March 31st total of 14,342 shares. Based on an average trading volume of 7,794 shares, the short-interest ratio is currently 2.2 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Trading of T. Rowe Price Equity Income ETF

Several institutional investors have recently modified their holdings of TEQI. Price T Rowe Associates Inc. MD raised its stake in T. Rowe Price Equity Income ETF by 20.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,184,954 shares of the company’s stock valued at $143,865,000 after purchasing an additional 530,853 shares during the last quarter. Aprio Wealth Management LLC acquired a new position in T. Rowe Price Equity Income ETF in the 4th quarter valued at $17,717,000. Jones Financial Companies Lllp lifted its stake in shares of 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 worth $6,245,000 after buying an additional 39,873 shares in the last quarter. Lantz Financial LLC lifted its stake in shares of T. Rowe Price Equity Income ETF by 10.2% in the fourth quarter. Lantz Financial LLC now owns 110,219 shares of the company’s stock worth $4,979,000 after buying an additional 10,212 shares in the last quarter. Finally, Landaas & Co. WI ADV boosted its position in T. Rowe Price Equity Income ETF by 6.1% during the fourth quarter. Landaas & Co. WI ADV now owns 99,032 shares of the company’s stock worth $4,473,000 after acquiring an additional 5,668 shares during the last quarter.

T. Rowe Price Equity Income ETF Price Performance

NYSEARCA:TEQI traded down $0.09 during mid-day trading on Friday, hitting $48.71. The company’s stock had a trading volume of 7,931 shares, compared to its average volume of 11,026. The stock has a market cap of $396.99 million, a price-to-earnings ratio of 17.60 and a beta of 0.77. T. Rowe Price Equity Income ETF has a 1 year low of $39.88 and a 1 year high of $48.85. The business’s fifty day moving average is $46.26 and its two-hundred day moving average is $45.53.

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.