Independent Financial Group LLC Invests $2.35 Million in T. Rowe Price Capital Appreciation Equity ETF $TCAF

Independent Financial Group LLC purchased a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 65,951 shares of the company’s stock, valued at approximately $2,347,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Huntington National Bank acquired a new stake in T. Rowe Price Capital Appreciation Equity ETF during the fourth quarter worth $32,000. Litman Gregory Wealth Management LLC acquired a new position in shares of T. Rowe Price Capital Appreciation Equity ETF in the 4th quarter valued at $40,000. Dougherty Wealth Advisers LLC acquired a new position in shares of T. Rowe Price Capital Appreciation Equity ETF in the 4th quarter valued at $50,000. Rossby Financial LCC acquired a new position in shares of T. Rowe Price Capital Appreciation Equity ETF in the 4th quarter valued at $54,000. Finally, Bank of Montreal Can purchased a new position in shares of T. Rowe Price Capital Appreciation Equity ETF during the 4th quarter worth $59,000.

T. Rowe Price Capital Appreciation Equity ETF Trading Down 1.2%

Shares of NYSEARCA:TCAF opened at $41.12 on Friday. The business has a 50-day moving average price of $40.66 and a 200 day moving average price of $38.75. The company has a market capitalization of $7.87 billion, a price-to-earnings ratio of 29.44 and a beta of 0.94. T. Rowe Price Capital Appreciation Equity ETF has a 12-month low of $34.43 and a 12-month high of $41.93.

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.