Northwestern Mutual Wealth Management Co. Has $1.62 Million Stake in T. Rowe Price Technology ETF $TTEQ

Northwestern Mutual Wealth Management Co. boosted its position in shares of T. Rowe Price Technology ETF (NASDAQ:TTEQ) by 5,328.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,670 shares of the company’s stock after acquiring an additional 48,755 shares during the period. Northwestern Mutual Wealth Management Co. owned 1.23% of T. Rowe Price Technology ETF worth $1,615,000 at the end of the most recent quarter.

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 position in shares of T. Rowe Price Technology ETF during the 2nd quarter worth about $309,000. Osaic Holdings Inc. increased its holdings in shares of T. Rowe Price Technology ETF by 654.8% during the 2nd quarter. Osaic Holdings Inc. now owns 19,309 shares of the company’s stock worth $561,000 after purchasing an additional 16,751 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of T. Rowe Price Technology ETF by 30.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 24,552 shares of the company’s stock worth $793,000 after purchasing an additional 5,766 shares during the period. Finally, Wealthcare Capital Partners LLC bought a new position in shares of T. Rowe Price Technology ETF during the 3rd quarter worth about $279,000.

T. Rowe Price Technology ETF Stock Performance

NASDAQ:TTEQ opened at $41.06 on Friday. The firm’s 50-day moving average is $37.69 and its 200-day moving average is $34.25. T. Rowe Price Technology ETF has a 52-week low of $27.16 and a 52-week high of $45.76. The company has a market cap of $216.80 million, a price-to-earnings ratio of 36.82 and a beta of 1.84.

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.