T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Reaches New 52-Week High – Here’s What Happened

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $36.12 and last traded at $34.42, with a volume of 356 shares traded. The stock had previously closed at $34.63.

T. Rowe Price Capital Appreciation Equity ETF Trading Down 0.8 %

The firm’s 50 day moving average price is $33.94 and its 200-day moving average price is $33.08. The company has a market cap of $1.57 billion, a P/E ratio of 29.74 and a beta of 0.93.

Institutional Trading of T. Rowe Price Capital Appreciation Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Essex Financial Services Inc. increased its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 40.4% in the 4th quarter. Essex Financial Services Inc. now owns 92,188 shares of the company’s stock valued at $3,067,000 after buying an additional 26,510 shares in the last quarter. Focus Financial Network Inc. grew its stake in T. Rowe Price Capital Appreciation Equity ETF by 32.4% in the fourth quarter. Focus Financial Network Inc. now owns 112,164 shares of the company’s stock valued at $3,732,000 after acquiring an additional 27,464 shares during the period. Principle Wealth Partners LLC increased its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 13.7% in the fourth quarter. Principle Wealth Partners LLC now owns 312,197 shares of the company’s stock worth $10,387,000 after acquiring an additional 37,606 shares in the last quarter. Wingate Wealth Advisors Inc. acquired a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the fourth quarter worth about $2,826,000. Finally, Comprehensive Financial Planning Inc. PA bought a new position in shares of T. Rowe Price Capital Appreciation Equity ETF during the 4th quarter valued at about $82,000.

About T. Rowe Price Capital Appreciation Equity ETF

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.