T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Sets New 12-Month High – Here’s What Happened

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) hit a new 52-week high on Wednesday . The company traded as high as $40.22 and last traded at $40.20, with a volume of 364975 shares changing hands. The stock had previously closed at $40.03.

T. Rowe Price Capital Appreciation Equity ETF Stock Performance

The company has a market cap of $7.21 billion, a P/E ratio of 29.44 and a beta of 0.94. The stock has a 50-day moving average of $37.52 and a two-hundred day moving average of $37.97.

Institutional Investors Weigh In On T. Rowe Price Capital Appreciation Equity ETF

A number of institutional investors have recently made changes to their positions in the business. Beacon Financial Advisory LLC grew its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 19.0% during the third quarter. Beacon Financial Advisory LLC now owns 244,357 shares of the company’s stock valued at $9,212,000 after buying an additional 39,054 shares during the last quarter. Harbor Investment Advisory LLC lifted its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 41.9% in the 3rd quarter. Harbor Investment Advisory LLC now owns 66,029 shares of the company’s stock valued at $2,489,000 after acquiring an additional 19,505 shares during the last quarter. DKM Wealth Management Inc. boosted its holdings in T. Rowe Price Capital Appreciation Equity ETF by 8.0% during the 4th quarter. DKM Wealth Management Inc. now owns 410,943 shares of the company’s stock valued at $15,706,000 after acquiring an additional 30,545 shares during the period. Diversified Management Inc. bought a new position in T. Rowe Price Capital Appreciation Equity ETF during the 4th quarter worth approximately $5,667,000. Finally, Eastern Bank grew its position in T. Rowe Price Capital Appreciation Equity ETF by 5.4% during the 3rd quarter. Eastern Bank now owns 418,955 shares of the company’s stock worth $15,795,000 after acquiring an additional 21,326 shares during the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Company Profile

The T. Rowe Price Capital Appreciation Equity ETF (TCAF) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on large cap equity. TCAF is an actively managed fund that pursues higher quality stocks of US large-cap companies that are perceived to have above average potential for capital growth.