T. Rowe Price Capital Appreciation Premium Income ETF $TCAL Shares Acquired by Royal Bank of Canada

Royal Bank of Canada lifted its stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF (NYSEARCA:TCAL) by 2,816.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 308,328 shares of the company’s stock after buying an additional 297,757 shares during the quarter. Royal Bank of Canada’s holdings in T. Rowe Price Capital Appreciation Premium Income ETF were worth $6,891,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TCAL. LPL Financial LLC grew its position in T. Rowe Price Capital Appreciation Premium Income ETF by 122.7% in the fourth quarter. LPL Financial LLC now owns 1,018,046 shares of the company’s stock valued at $23,995,000 after acquiring an additional 560,852 shares in the last quarter. CMC Financial Group lifted its position in shares of T. Rowe Price Capital Appreciation Premium Income ETF by 2.7% during the first quarter. CMC Financial Group now owns 386,095 shares of the company’s stock worth $8,629,000 after purchasing an additional 10,197 shares in the last quarter. Waterfront Wealth Inc. boosted its stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF by 13.6% in the first quarter. Waterfront Wealth Inc. now owns 343,154 shares of the company’s stock valued at $7,669,000 after purchasing an additional 41,064 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF by 18.0% in the first quarter. Janney Montgomery Scott LLC now owns 200,714 shares of the company’s stock valued at $4,486,000 after purchasing an additional 30,641 shares during the period. Finally, Stifel Financial Corp grew its holdings in T. Rowe Price Capital Appreciation Premium Income ETF by 1,112.8% during the 4th quarter. Stifel Financial Corp now owns 180,495 shares of the company’s stock valued at $4,254,000 after purchasing an additional 165,612 shares in the last quarter.

T. Rowe Price Capital Appreciation Premium Income ETF Price Performance

T. Rowe Price Capital Appreciation Premium Income ETF stock opened at $23.19 on Wednesday. T. Rowe Price Capital Appreciation Premium Income ETF has a 12-month low of $21.73 and a 12-month high of $25.21. The company has a market capitalization of $292.19 million, a price-to-earnings ratio of 25.37 and a beta of 0.18. The firm’s fifty day moving average price is $22.53 and its 200 day moving average price is $22.79.

T. Rowe Price Capital Appreciation Premium Income ETF Profile

The T. Rowe Price Capital Appreciation Premium Income ETF (TCAL) is an exchange-traded fund managed by T. Rowe Price. The fund aims to provide regular distributions while seeking capital preservation and potential for capital appreciation. It achieves this by investing primarily in U.S. equities and employing a covered call options strategy. This approach involves writing call options on individual stocks to generate income through premiums, which can enhance current income and help offset potential downside risks.