T. Rowe Price Exchange-Traded Funds, Inc. has announced a notable change in its management team. Effective November 13, 2026, Priyal Maniar will step down as one of the fund's co-portfolio managers. This change is significant as it may impact the fund's investment strategies and investor confidence.

The company, based in Baltimore, Maryland, focuses on investment management and operates under the SEC file number 333-235450. T. Rowe Price has been active in the market, with recent filings including a series of NPORT-P and N-CSRS forms, reflecting its ongoing operations and management strategies.

The SEC filing dated October 30, 2026, provides details about this transition. It states, "Effective November 13, 2026, Priyal Maniar will step down from her role on the fund and will no longer serve as one of the fund's co-portfolio managers." The remaining portfolio managers, Rick de los Reyes, Shinwoo Kim, and Tom Shelmerdine, will continue to oversee the fund.

This change may affect investors and stakeholders who have a vested interest in the performance of the T. Rowe Price Natural Resources ETF, which is identified by the ticker symbol TURF. The investment management industry will also be closely monitoring how this transition unfolds, as it could set a precedent for other firms in the sector.

The filing does not specify what happens next regarding further management changes or strategic adjustments at T. Rowe Price.