Financial Consulate Inc. Lowers Stake in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

Financial Consulate Inc. lessened its stake in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 1.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 524,515 shares of the company’s stock after selling 5,677 shares during the quarter. T. Rowe Price Capital Appreciation Equity ETF makes up approximately 4.6% of Financial Consulate Inc.’s portfolio, making the stock its 8th biggest holding. Financial Consulate Inc.’s holdings in T. Rowe Price Capital Appreciation Equity ETF were worth $17,451,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of TCAF. Macroview Investment Management LLC grew its position in T. Rowe Price Capital Appreciation Equity ETF by 2.8% in the third quarter. Macroview Investment Management LLC now owns 14,864 shares of the company’s stock worth $494,000 after acquiring an additional 399 shares in the last quarter. GGM Financials LLC boosted its position in T. Rowe Price Capital Appreciation Equity ETF by 3.0% during the third quarter. GGM Financials LLC now owns 18,701 shares of the company’s stock valued at $622,000 after buying an additional 552 shares during the period. Tanglewood Wealth Management Inc. boosted its position in T. Rowe Price Capital Appreciation Equity ETF by 0.6% during the third quarter. Tanglewood Wealth Management Inc. now owns 107,083 shares of the company’s stock valued at $3,561,000 after buying an additional 595 shares during the period. AdvisorNet Financial Inc boosted its position in T. Rowe Price Capital Appreciation Equity ETF by 1.6% during the fourth quarter. AdvisorNet Financial Inc now owns 37,486 shares of the company’s stock valued at $1,247,000 after buying an additional 605 shares during the period. Finally, Lowe Wealth Advisors LLC boosted its position in T. Rowe Price Capital Appreciation Equity ETF by 3.9% during the fourth quarter. Lowe Wealth Advisors LLC now owns 16,573 shares of the company’s stock valued at $551,000 after buying an additional 628 shares during the period.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

NYSEARCA TCAF opened at $34.29 on Wednesday. The company has a 50-day simple moving average of $33.95 and a two-hundred day simple moving average of $33.33. T. Rowe Price Capital Appreciation Equity ETF has a 12-month low of $28.74 and a 12-month high of $34.85. The firm has a market cap of $1.57 billion, a price-to-earnings 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.