Citadel Advisors LLC Reduces Holdings in T. Rowe Price Technology ETF $TTEQ

Citadel Advisors LLC lowered its stake in shares of T. Rowe Price Technology ETF (NASDAQ:TTEQ) by 58.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 58,464 shares of the company’s stock after selling 81,070 shares during the quarter. Citadel Advisors LLC’s holdings in T. Rowe Price Technology ETF were worth $2,607,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. acquired a new stake in T. Rowe Price Technology ETF in the 2nd quarter worth approximately $27,000. Arax Advisory Partners acquired a new position in T. Rowe Price Technology ETF during the 4th quarter valued at approximately $31,000. Western Wealth Management LLC purchased a new position in shares of T. Rowe Price Technology ETF in the first quarter worth $45,000. Osaic Holdings Inc. raised its holdings in shares of T. Rowe Price Technology ETF by 43.9% in the fourth quarter. Osaic Holdings Inc. now owns 8,308 shares of the company’s stock worth $270,000 after buying an additional 2,536 shares during the last quarter. Finally, Benjamin Edwards Inc. purchased a new stake in shares of T. Rowe Price Technology ETF during the second quarter valued at $309,000.

T. Rowe Price Technology ETF Price Performance

NASDAQ TTEQ opened at $42.46 on Wednesday. The company has a market cap of $397.00 million, a price-to-earnings ratio of 36.82 and a beta of 1.88. The stock’s fifty day moving average price is $41.32 and its 200 day moving average price is $38.57. T. Rowe Price Technology ETF has a 1 year low of $28.69 and a 1 year high of $45.76.

About T. Rowe Price Technology ETF

The T. Rowe Price Technology ETF (TTEQ) is an exchange-traded fund. The ETF currently has 28.34m in AUM and 56 holdings. TTEQ is actively managed, seeking long-term capital growth by investing in large-cap technology companies globally and those whose market share is largely based on their technology capabilities. TTEQ was launched on Oct 23, 2024 and is issued by T. Rowe Price.