NewEdge Advisors LLC Increases Position in T. Rowe Price Capital Appreciation Equity ETF $TCAF

NewEdge Advisors LLC raised its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 5.7% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 280,099 shares of the company’s stock after purchasing an additional 15,166 shares during the period. NewEdge Advisors LLC’s holdings in T. Rowe Price Capital Appreciation Equity ETF were worth $9,969,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. bought a new position in T. Rowe Price Capital Appreciation Equity ETF during the 2nd quarter valued at approximately $2,049,000. Brown Advisory Inc. bought a new stake in T. Rowe Price Capital Appreciation Equity ETF in the second quarter worth $216,000. Qube Research & Technologies Ltd bought a new stake in T. Rowe Price Capital Appreciation Equity ETF in the second quarter worth $1,398,000. Raymond James Financial Inc. grew its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 19.3% in the second quarter. Raymond James Financial Inc. now owns 5,351,355 shares of the company’s stock worth $188,796,000 after acquiring an additional 865,066 shares during the last quarter. Finally, NCM Capital Management LLC grew its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 12.8% in the second quarter. NCM Capital Management LLC now owns 169,122 shares of the company’s stock worth $5,974,000 after acquiring an additional 19,220 shares during the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

Shares of NYSEARCA:TCAF opened at $42.85 on Monday. The business has a fifty day moving average price of $41.01 and a 200-day moving average price of $39.07. The company has a market capitalization of $8.29 billion, a PE ratio of 29.44 and a beta of 0.93. T. Rowe Price Capital Appreciation Equity ETF has a 1-year low of $34.43 and a 1-year high of $43.04.

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.