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

Shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) hit a new 52-week high on Monday . The company traded as high as $35.00 and last traded at $35.00, with a volume of 131 shares. The stock had previously closed at $34.50.

T. Rowe Price Capital Appreciation Equity ETF Stock Up 1.4 %

The company has a market cap of $1.60 billion, a price-to-earnings ratio of 29.74 and a beta of 0.93. The company has a fifty day simple moving average of $33.65 and a two-hundred day simple moving average of $32.40.

Institutional Trading of T. Rowe Price Capital Appreciation Equity ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. LPL Financial LLC lifted its position in T. Rowe Price Capital Appreciation Equity ETF by 42.1% during the third quarter. LPL Financial LLC now owns 4,816,147 shares of the company’s stock worth $160,137,000 after buying an additional 1,426,240 shares during the period. Commonwealth Equity Services LLC lifted its position in T. Rowe Price Capital Appreciation Equity ETF by 21.1% during the third quarter. Commonwealth Equity Services LLC now owns 3,015,876 shares of the company’s stock worth $100,278,000 after buying an additional 526,119 shares during the period. Strategic Financial Concepts LLC lifted its position in T. Rowe Price Capital Appreciation Equity ETF by 5,222.4% during the second quarter. Strategic Financial Concepts LLC now owns 2,186,662 shares of the company’s stock worth $68,683,000 after buying an additional 2,145,578 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in T. Rowe Price Capital Appreciation Equity ETF by 88.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,163,266 shares of the company’s stock worth $38,679,000 after buying an additional 545,448 shares during the period. Finally, TTP Investments Inc. raised its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 6.6% in the 3rd quarter. TTP Investments Inc. now owns 1,047,752 shares of the company’s stock worth $34,838,000 after purchasing an additional 64,689 shares during the period.

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.