T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Short Interest Update

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 85,584 shares, a drop of 78.2% from the April 30th total of 392,884 shares. Based on an average trading volume of 665,990 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On T. Rowe Price Capital Appreciation Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Robertson Stephens Wealth Management LLC raised 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 purchasing an additional 296 shares in the last quarter. Geneos Wealth Management Inc. raised 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 purchasing an additional 310 shares in the last quarter. Meridian Wealth Management LLC raised 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 purchasing an additional 330 shares in the last quarter. Creative Planning raised 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 purchasing an additional 349 shares in the last quarter. Finally, Hopwood Financial Services Inc. raised its stake in T. Rowe Price Capital Appreciation Equity ETF by 4.4% in the first quarter. Hopwood Financial Services Inc. now owns 9,395 shares of the company’s stock valued at $334,000 after purchasing an additional 400 shares in the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Trading Up 0.3%

Shares of TCAF stock traded up $0.13 during trading hours on Friday, reaching $41.11. The stock had a trading volume of 500,576 shares, compared to its average volume of 863,464. The stock’s fifty day simple moving average is $38.40 and its 200 day simple moving average is $38.13. The firm has a market capitalization of $7.37 billion, a PE ratio of 29.44 and a beta of 0.94. T. Rowe Price Capital Appreciation Equity ETF has a 12 month low of $33.19 and a 12 month high of $41.16.

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.