Financial Security Advisor Inc. Raises Stock Holdings in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

Financial Security Advisor Inc. lifted its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 28.2% in the 1st quarter, Holdings Channel reports. The firm owned 114,051 shares of the company’s stock after acquiring an additional 25,115 shares during the period. T. Rowe Price Capital Appreciation Equity ETF comprises 1.2% of Financial Security Advisor Inc.’s investment portfolio, making the stock its 17th largest holding. Financial Security Advisor Inc.’s holdings in T. Rowe Price Capital Appreciation Equity ETF were worth $3,448,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of TCAF. Janney Montgomery Scott LLC purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF in the fourth quarter worth approximately $26,358,000. TTP Investments Inc. purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF in the fourth quarter worth approximately $23,926,000. Beaumont Financial Advisors LLC purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF in the fourth quarter worth approximately $20,540,000. Raymond James Financial Services Advisors Inc. purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF in the fourth quarter worth approximately $19,150,000. Finally, McCarthy Asset Management Inc. boosted its stake in T. Rowe Price Capital Appreciation Equity ETF by 3,904.7% in the fourth quarter. McCarthy Asset Management Inc. now owns 560,583 shares of the company’s stock worth $15,489,000 after buying an additional 546,585 shares in the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Stock Performance

TCAF traded up $0.12 during midday trading on Tuesday, hitting $31.51. The stock had a trading volume of 459,482 shares, compared to its average volume of 528,800. The company has a market cap of $1.44 billion, a P/E ratio of 29.74 and a beta of 0.93. The business has a fifty day moving average of $30.59 and a 200 day moving average of $29.43. T. Rowe Price Capital Appreciation Equity ETF has a 1 year low of $23.95 and a 1 year 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.