Parsons Capital Management Inc. RI Purchases 73,238 Shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

Parsons Capital Management Inc. RI raised its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 39.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 261,021 shares of the company’s stock after purchasing an additional 73,238 shares during the quarter. Parsons Capital Management Inc. RI owned 0.57% of T. Rowe Price Capital Appreciation Equity ETF worth $8,199,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. WASHINGTON TRUST Co grew its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 78.6% in the second quarter. WASHINGTON TRUST Co now owns 875 shares of the company’s stock valued at $27,000 after acquiring an additional 385 shares in the last quarter. Annapolis Financial Services LLC purchased a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the 2nd quarter valued at $78,000. Financial Connections Group Inc. raised its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 16.7% during the 1st quarter. Financial Connections Group Inc. now owns 3,501 shares of the company’s stock worth $106,000 after purchasing an additional 501 shares during the period. Concourse Financial Group Securities Inc. bought a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the 1st quarter worth $114,000. Finally, PCG Wealth Advisors LLC purchased a new position in shares of T. Rowe Price Capital Appreciation Equity ETF in the 2nd quarter worth about $214,000.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

Shares of NYSEARCA TCAF traded up $0.24 during trading on Monday, reaching $32.47. 377,455 shares of the stock traded hands, compared to its average volume of 519,752. The company has a 50-day moving average of $31.57 and a 200-day moving average of $30.42. T. Rowe Price Capital Appreciation Equity ETF has a 52-week low of $23.95 and a 52-week high of $32.49. The stock has a market capitalization of $1.49 billion, a P/E ratio of 29.74 and a beta of 0.93.

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.