Beaumont Financial Advisors LLC Purchases 478,803 Shares of T. Rowe Price Equity Income ETF $TEQI

Beaumont Financial Advisors LLC bought a new position in shares of T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 478,803 shares of the company’s stock, valued at approximately $24,228,000. T. Rowe Price Equity Income ETF makes up 1.5% of Beaumont Financial Advisors LLC’s portfolio, making the stock its 18th largest holding. Beaumont Financial Advisors LLC owned 0.05% of T. Rowe Price Equity Income ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of TEQI. M Holdings Securities Inc. grew its holdings in shares of T. Rowe Price Equity Income ETF by 0.7% during the second quarter. M Holdings Securities Inc. now owns 50,222 shares of the company’s stock worth $2,535,000 after buying an additional 362 shares in the last quarter. Bank of America Corp DE lifted its stake in T. Rowe Price Equity Income ETF by 21.4% in the 1st quarter. Bank of America Corp DE now owns 122,015 shares of the company’s stock valued at $5,493,000 after acquiring an additional 21,511 shares in the last quarter. Associated Banc Corp lifted its stake in T. Rowe Price Equity Income ETF by 4.7% in the 1st quarter. Associated Banc Corp now owns 37,809 shares of the company’s stock valued at $1,702,000 after acquiring an additional 1,695 shares in the last quarter. Kestra Advisory Services LLC lifted its stake in T. Rowe Price Equity Income ETF by 10.6% in the 1st quarter. Kestra Advisory Services LLC now owns 22,245 shares of the company’s stock valued at $1,001,000 after acquiring an additional 2,134 shares in the last quarter. Finally, Ascentis Independent Advisors acquired a new stake in shares of T. Rowe Price Equity Income ETF in the first quarter valued at approximately $457,000.

T. Rowe Price Equity Income ETF Stock Performance

Shares of NYSEARCA TEQI opened at $52.53 on Friday. T. Rowe Price Equity Income ETF has a 52 week low of $42.44 and a 52 week high of $53.35. The stock has a market capitalization of $464.89 million, a PE ratio of 17.60 and a beta of 0.77. The stock has a 50 day moving average price of $51.99 and a 200 day moving average price of $50.63.

T. Rowe Price Equity Income ETF 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.