SageGuard Financial Group LLC Acquires New Position in T. Rowe Price Hedged Equity ETF $THEQ

SageGuard Financial Group LLC acquired a new stake in T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 25,652 shares of the company’s stock, valued at approximately $699,000. SageGuard Financial Group LLC owned 2.33% of T. Rowe Price Hedged Equity ETF at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in THEQ. HighTower Advisors LLC increased its holdings in T. Rowe Price Hedged Equity ETF by 2.0% during the 4th quarter. HighTower Advisors LLC now owns 174,432 shares of the company’s stock worth $4,881,000 after purchasing an additional 3,469 shares during the period. Jane Street Group LLC raised its holdings in shares of T. Rowe Price Hedged Equity ETF by 70.0% in the fourth quarter. Jane Street Group LLC now owns 23,217 shares of the company’s stock valued at $650,000 after acquiring an additional 9,557 shares in the last quarter. Finally, DAVENPORT & Co LLC purchased a new stake in T. Rowe Price Hedged Equity ETF in the fourth quarter worth about $354,000.

T. Rowe Price Hedged Equity ETF Price Performance

Shares of T. Rowe Price Hedged Equity ETF stock opened at $29.47 on Monday. T. Rowe Price Hedged Equity ETF has a 1 year low of $26.16 and a 1 year high of $31.59. The firm’s 50-day moving average is $29.47 and its two-hundred day moving average is $28.55. The stock has a market cap of $32.42 million, a price-to-earnings ratio of 24.54 and a beta of 0.66.

T. Rowe Price Hedged Equity ETF Profile

THEQ is an actively managed fund-of-funds seeking long-term capital growth through investments in U.S. companies of any size and derivatives. The fund aims to combine a long equity portfolio with an options overlay strategy to provide downside protection against significant market pullbacks.