T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Sees Strong Trading Volume

Shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) saw unusually-high trading volume on Tuesday . Approximately 1,094,028 shares traded hands during mid-day trading, an increase of 110% from the previous session’s volume of 520,161 shares.The stock last traded at $31.39 and had previously closed at $31.18.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

The business has a fifty day moving average price of $31.44 and a 200 day moving average price of $30.28. The company has a market capitalization of $1.45 billion, a price-to-earnings ratio of 29.74 and a beta of 0.93.

Institutional Trading of T. Rowe Price Capital Appreciation Equity ETF

A number of institutional investors have recently made changes to their positions in TCAF. LPL Financial LLC increased its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 45.0% during the second quarter. LPL Financial LLC now owns 3,389,907 shares of the company’s stock valued at $106,477,000 after acquiring an additional 1,051,666 shares during the period. Commonwealth Equity Services LLC increased its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 76.6% during the 2nd quarter. Commonwealth Equity Services LLC now owns 2,489,757 shares of the company’s stock valued at $78,203,000 after purchasing an additional 1,079,616 shares during the period. Strategic Financial Concepts LLC increased its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 5,222.4% during the 2nd quarter. Strategic Financial Concepts LLC now owns 2,186,662 shares of the company’s stock valued at $68,683,000 after purchasing an additional 2,145,578 shares during the period. Raymond James Financial Services Advisors Inc. raised its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 149.0% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 1,725,991 shares of the company’s stock worth $52,177,000 after buying an additional 1,032,895 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 15.9% in the first quarter. Osaic Holdings Inc. now owns 1,448,605 shares of the company’s stock valued at $43,791,000 after buying an additional 198,224 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.