Founders Financial Alliance LLC Raises Holdings in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

Founders Financial Alliance LLC raised its stake in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 16.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 10,559 shares of the company’s stock after purchasing an additional 1,479 shares during the quarter. Founders Financial Alliance LLC’s holdings in T. Rowe Price Capital Appreciation Equity ETF were worth $332,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Belpointe Asset Management LLC bought a new stake in T. Rowe Price Capital Appreciation Equity ETF in the 4th quarter worth $282,000. Trademark Financial Management LLC purchased a new position in T. Rowe Price Capital Appreciation Equity ETF during the 4th quarter valued at about $490,000. NCM Capital Management LLC raised its position in T. Rowe Price Capital Appreciation Equity ETF by 72.9% during the 4th quarter. NCM Capital Management LLC now owns 33,917 shares of the company’s stock valued at $937,000 after purchasing an additional 14,300 shares during the last quarter. Garden State Investment Advisory Services LLC lifted its holdings in T. Rowe Price Capital Appreciation Equity ETF by 43.1% in the 4th quarter. Garden State Investment Advisory Services LLC now owns 69,068 shares of the company’s stock worth $1,909,000 after buying an additional 20,803 shares during the period. Finally, CMG Global Holdings LLC purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF in the 4th quarter worth approximately $2,084,000.

T. Rowe Price Capital Appreciation Equity ETF Stock Performance

TCAF opened at $32.95 on Wednesday. The stock has a market capitalization of $1.51 billion, a PE ratio of 29.74 and a beta of 0.93. The stock’s 50 day moving average price is $32.10 and its 200-day moving average price is $31.11. T. Rowe Price Capital Appreciation Equity ETF has a 52-week low of $23.95 and a 52-week high of $33.30.

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.