T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Sets New 12-Month High – Time to Buy?

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF – Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday. The company traded as high as $43.69 and last traded at $43.6670, with a volume of 206,139 shares changing hands. The stock had previously closed at $43.46.

T. Rowe Price Capital Appreciation Equity ETF Stock Down 1.0%

The business’s 50 day moving average price is $42.76 and its 200-day moving average price is $41.23. The company has a market cap of $8.81 billion, a PE ratio of 29.44 and a beta of 0.94.

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

A number of large investors have recently added to or reduced their stakes in TCAF. Lighthouse Financial LLC grew its holdings in T. Rowe Price Capital Appreciation Equity ETF by 19.8% during the 3rd quarter. Lighthouse Financial LLC now owns 212,391 shares of the company’s stock worth $8,978,000 after acquiring an additional 35,102 shares in the last quarter. Wedbush Securities Inc. acquired a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF in the 3rd quarter valued at about $8,847,000. Brookstone Capital Management acquired a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF in the 3rd quarter valued at about $312,000. Ledyard National Bank acquired a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF in the 3rd quarter valued at about $10,557,000. Finally, Root Financial Partners LLC bought a new position in shares of T. Rowe Price Capital Appreciation Equity ETF during the third quarter worth about $61,000.

T. Rowe Price Capital Appreciation Equity ETF Company Profile

(Get Free Report)

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.

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