HighTower Advisors LLC Purchases 24,671 Shares of T. Rowe Price Capital Appreciation Equity ETF $TCAF

HighTower Advisors LLC boosted its position in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 9.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 278,571 shares of the company’s stock after buying an additional 24,671 shares during the quarter. HighTower Advisors LLC’s holdings in T. Rowe Price Capital Appreciation Equity ETF were worth $10,647,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. Robertson Stephens Wealth Management LLC increased its stake in T. Rowe Price Capital Appreciation Equity ETF by 0.4% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 67,284 shares of the company’s stock valued at $2,572,000 after acquiring an additional 296 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in T. Rowe Price Capital Appreciation Equity ETF by 15.5% in the fourth quarter. Geneos Wealth Management Inc. now owns 2,305 shares of the company’s stock valued at $88,000 after acquiring an additional 310 shares during the last quarter. Meridian Wealth Management LLC increased its stake in T. Rowe Price Capital Appreciation Equity ETF by 6.1% in the fourth quarter. Meridian Wealth Management LLC now owns 5,728 shares of the company’s stock valued at $219,000 after acquiring an additional 330 shares during the last quarter. Creative Planning increased its stake in T. Rowe Price Capital Appreciation Equity ETF by 1.4% in the third quarter. Creative Planning now owns 25,022 shares of the company’s stock valued at $943,000 after acquiring an additional 349 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. increased its stake in T. Rowe Price Capital Appreciation Equity ETF by 1.1% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 41,810 shares of the company’s stock valued at $1,598,000 after acquiring an additional 435 shares during the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

Shares of NYSEARCA:TCAF opened at $40.44 on Tuesday. The company’s 50 day simple moving average is $38.04 and its 200 day simple moving average is $38.06. The stock has a market capitalization of $7.25 billion, a price-to-earnings ratio of 29.44 and a beta of 0.94. T. Rowe Price Capital Appreciation Equity ETF has a 1 year low of $32.83 and a 1 year high of $40.66.

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.