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

Shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) reached a new 52-week high during trading on Friday . The company traded as high as $40.64 and last traded at $40.58, with a volume of 21675 shares. The stock had previously closed at $40.23.

T. Rowe Price Capital Appreciation Equity ETF Trading Up 0.3%

The company has a market capitalization of $7.27 billion, a price-to-earnings ratio of 29.44 and a beta of 0.94. The business’s 50 day moving average price is $37.90 and its two-hundred day moving average price is $38.03.

Institutional Trading of T. Rowe Price Capital Appreciation Equity ETF

A number of hedge funds have recently added to or reduced their stakes in TCAF. Diversified Management Inc. bought a new position in shares of T. Rowe Price Capital Appreciation Equity ETF in the 4th quarter valued at $5,667,000. DKM Wealth Management Inc. grew its position 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 worth $15,706,000 after acquiring an additional 30,545 shares during the last quarter. HighTower Advisors LLC grew its position in T. Rowe Price Capital Appreciation Equity ETF by 10.6% during the 3rd quarter. HighTower Advisors LLC now owns 253,900 shares of the company’s stock worth $9,572,000 after acquiring an additional 24,335 shares during the last quarter. Allworth Financial LP increased its holdings in T. Rowe Price Capital Appreciation Equity ETF by 6.3% in the 3rd quarter. Allworth Financial LP now owns 286,735 shares of the company’s stock worth $10,810,000 after purchasing an additional 17,115 shares in the last quarter. Finally, United Advisor Group LLC increased its holdings in T. Rowe Price Capital Appreciation Equity ETF by 42.4% in the 4th quarter. United Advisor Group LLC now owns 70,021 shares of the company’s stock worth $2,676,000 after purchasing an additional 20,833 shares in 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.