47,293 Shares in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Purchased by Lincoln Capital Corp

Lincoln Capital Corp acquired a new stake in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 47,293 shares of the company’s stock, valued at approximately $1,430,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TCAF. Corient Private Wealth LLC raised its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 1.2% during the fourth quarter. Corient Private Wealth LLC now owns 65,232 shares of the company’s stock valued at $1,802,000 after buying an additional 748 shares during the last quarter. AdvisorNet Financial Inc raised its stake in T. Rowe Price Capital Appreciation Equity ETF by 34.0% during the 1st quarter. AdvisorNet Financial Inc now owns 8,383 shares of the company’s stock valued at $253,000 after acquiring an additional 2,125 shares in the last quarter. Sar Wealth Management Group LLC boosted its position in T. Rowe Price Capital Appreciation Equity ETF by 6.7% during the 1st quarter. Sar Wealth Management Group LLC now owns 36,071 shares of the company’s stock worth $1,090,000 after acquiring an additional 2,265 shares during the period. Stonebridge Capital Advisors LLC acquired a new position in T. Rowe Price Capital Appreciation Equity ETF during the 3rd quarter worth $61,000. Finally, Stratos Wealth Advisors LLC grew its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 26.2% in the fourth quarter. Stratos Wealth Advisors LLC now owns 18,156 shares of the company’s stock worth $502,000 after purchasing an additional 3,774 shares in the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

Shares of NYSEARCA TCAF traded up $0.05 during midday trading on Friday, reaching $31.59. 110,010 shares of the company traded hands, compared to its average volume of 522,601. The company has a market cap of $1.45 billion, a price-to-earnings ratio of 29.74 and a beta of 0.93. The stock has a 50-day moving average price of $30.49 and a 200 day moving average price of $29.34. T. Rowe Price Capital Appreciation Equity ETF has a 52 week low of $23.95 and a 52 week high of $31.72.

About T. Rowe Price Capital Appreciation Equity ETF

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.