Northwestern Mutual Wealth Management Co. Buys 48,755 Shares of T. Rowe Price Technology ETF $TTEQ

Northwestern Mutual Wealth Management Co. raised its stake in shares of T. Rowe Price Technology ETF (NASDAQ:TTEQ) by 5,328.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 49,670 shares of the company’s stock after acquiring an additional 48,755 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in T. Rowe Price Technology ETF were worth $1,615,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in TTEQ. Jane Street Group LLC increased its holdings in shares of T. Rowe Price Technology ETF by 306.4% during the 2nd quarter. Jane Street Group LLC now owns 50,000 shares of the company’s stock worth $1,454,000 after purchasing an additional 37,697 shares during the period. Benjamin Edwards Inc. bought a new stake in T. Rowe Price Technology ETF in the second quarter valued at about $309,000. Osaic Holdings Inc. increased its stake in T. Rowe Price Technology ETF by 654.8% in the second quarter. Osaic Holdings Inc. now owns 19,309 shares of the company’s stock valued at $561,000 after acquiring an additional 16,751 shares during the period. Envestnet Asset Management Inc. increased its stake in T. Rowe Price Technology ETF by 30.7% in the third quarter. Envestnet Asset Management Inc. now owns 24,552 shares of the company’s stock valued at $793,000 after acquiring an additional 5,766 shares during the period. Finally, Wealthcare Capital Partners LLC bought a new stake in T. Rowe Price Technology ETF in the third quarter valued at about $279,000.

T. Rowe Price Technology ETF Stock Down 7.4%

NASDAQ TTEQ opened at $41.06 on Friday. The stock has a market cap of $216.80 million, a P/E ratio of 36.82 and a beta of 1.84. The company’s 50-day simple moving average is $37.69 and its 200 day simple moving average is $34.25. T. Rowe Price Technology ETF has a twelve month low of $27.16 and a twelve month 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.