Diversified Management Inc. Acquires Shares of 148,268 T. Rowe Price Capital Appreciation Equity ETF $TCAF

Diversified Management Inc. acquired a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) during the 4th quarter, Holdings Channel.com reports. The fund acquired 148,268 shares of the company’s stock, valued at approximately $5,667,000. T. Rowe Price Capital Appreciation Equity ETF makes up approximately 1.3% of Diversified Management Inc.’s investment portfolio, making the stock its 18th biggest position.

Other institutional investors also recently made changes to their positions in the company. Beacon Financial Advisory LLC grew its holdings 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 purchasing an additional 39,054 shares during the last quarter. Harbor Investment Advisory LLC boosted its position in T. Rowe Price Capital Appreciation Equity ETF by 41.9% during the 3rd quarter. Harbor Investment Advisory LLC now owns 66,029 shares of the company’s stock worth $2,489,000 after acquiring an additional 19,505 shares during the period. ARS Wealth Advisors Group LLC boosted its position in T. Rowe Price Capital Appreciation Equity ETF by 10.0% during the 3rd quarter. ARS Wealth Advisors Group LLC now owns 351,766 shares of the company’s stock worth $13,262,000 after acquiring an additional 31,877 shares during the period. DAVENPORT & Co LLC boosted its position in T. Rowe Price Capital Appreciation Equity ETF by 14.7% during the 3rd quarter. DAVENPORT & Co LLC now owns 120,397 shares of the company’s stock worth $4,539,000 after acquiring an additional 15,462 shares during the period. Finally, Commonwealth Equity Services LLC raised its holdings in T. Rowe Price Capital Appreciation Equity ETF by 17.1% during the third quarter. Commonwealth Equity Services LLC now owns 4,993,270 shares of the company’s stock worth $188,246,000 after purchasing an additional 730,560 shares in the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

Shares of NYSEARCA:TCAF opened at $38.50 on Thursday. T. Rowe Price Capital Appreciation Equity ETF has a 12 month low of $29.45 and a 12 month high of $39.34. The stock has a market cap of $6.74 billion, a price-to-earnings ratio of 29.44 and a beta of 0.93. The stock’s 50 day moving average price is $36.86 and its 200 day moving average price is $37.81.

T. Rowe Price Capital Appreciation Equity ETF 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.