Founders Financial Alliance LLC Grows Position in T. Rowe Price Capital Appreciation Equity ETF $TCAF

Founders Financial Alliance LLC increased its stake in shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 1,643.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 151,858 shares of the company’s stock after acquiring an additional 143,149 shares during the quarter. T. Rowe Price Capital Appreciation Equity ETF comprises about 1.1% of Founders Financial Alliance LLC’s portfolio, making the stock its 16th largest holding. Founders Financial Alliance LLC owned approximately 0.10% of T. Rowe Price Capital Appreciation Equity ETF worth $5,725,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of TCAF. True Wealth Design LLC bought a new position in shares of T. Rowe Price Capital Appreciation Equity ETF during the 3rd quarter valued at about $26,000. Fifth Third Bancorp bought a new position in T. Rowe Price Capital Appreciation Equity ETF during the third quarter valued at approximately $36,000. Blue Trust Inc. bought a new position in T. Rowe Price Capital Appreciation Equity ETF during the third quarter valued at approximately $47,000. Root Financial Partners LLC purchased a new position in T. Rowe Price Capital Appreciation Equity ETF during the 3rd quarter valued at approximately $52,000. Finally, Geneos Wealth Management Inc. increased its stake in T. Rowe Price Capital Appreciation Equity ETF by 243.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,595 shares of the company’s stock worth $56,000 after acquiring an additional 1,130 shares during the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

Shares of TCAF opened at $37.07 on Tuesday. The stock has a market capitalization of $6.28 billion, a price-to-earnings ratio of 29.44 and a beta of 0.91. T. Rowe Price Capital Appreciation Equity ETF has a 1 year low of $28.28 and a 1 year high of $39.34. The business’s 50 day simple moving average is $38.18 and its 200-day simple moving average is $37.84.

T. Rowe Price Capital Appreciation Equity ETF 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.