Modern Wealth Management LLC Purchases 569,851 Shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

Modern Wealth Management LLC boosted its position in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 83.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,256,072 shares of the company’s stock after acquiring an additional 569,851 shares during the period. T. Rowe Price Capital Appreciation Equity ETF accounts for 1.5% of Modern Wealth Management LLC’s portfolio, making the stock its 14th largest position. Modern Wealth Management LLC’s holdings in T. Rowe Price Capital Appreciation Equity ETF were worth $42,995,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Global Wealth Strategies & Associates acquired a new position in T. Rowe Price Capital Appreciation Equity ETF during the 4th quarter valued at about $27,000. Tortoise Investment Management LLC bought a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the fourth quarter worth approximately $34,000. Comprehensive Financial Planning Inc. PA acquired a new position in T. Rowe Price Capital Appreciation Equity ETF in the fourth quarter valued at approximately $82,000. Hopwood Financial Services Inc. bought a new position in T. Rowe Price Capital Appreciation Equity ETF in the fourth quarter valued at approximately $205,000. Finally, Summit Asset Management LLC acquired a new stake in T. Rowe Price Capital Appreciation Equity ETF during the 4th quarter worth $235,000.

T. Rowe Price Capital Appreciation Equity ETF Stock Up 1.3 %

TCAF stock opened at $33.13 on Tuesday. T. Rowe Price Capital Appreciation Equity ETF has a twelve month low of $28.80 and a twelve month high of $34.85. The company has a market cap of $3.48 billion, a P/E ratio of 30.18 and a beta of 0.93. The business’s fifty day moving average is $33.65 and its 200-day moving average is $33.54.

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.