T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Hits New 12-Month High – Here’s What Happened

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $33.88 and last traded at $33.78, with a volume of 32415 shares changing hands. The stock had previously closed at $33.20.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

The company has a market capitalization of $1.57 billion, a PE ratio of 29.74 and a beta of 0.93. The business’s 50 day simple moving average is $32.97 and its 200 day simple moving average is $31.77.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Strategic Financial Concepts LLC lifted its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 5,222.4% in the 2nd quarter. Strategic Financial Concepts LLC now owns 2,186,662 shares of the company’s stock worth $68,683,000 after acquiring an additional 2,145,578 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 76.6% in the 2nd quarter. Commonwealth Equity Services LLC now owns 2,489,757 shares of the company’s stock valued at $78,203,000 after buying an additional 1,079,616 shares during the period. LPL Financial LLC boosted its position in T. Rowe Price Capital Appreciation Equity ETF by 45.0% in the 2nd quarter. LPL Financial LLC now owns 3,389,907 shares of the company’s stock valued at $106,477,000 after buying an additional 1,051,666 shares during the period. TTP Investments Inc. purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF in the second quarter valued at $30,878,000. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 88.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,163,266 shares of the company’s stock valued at $38,679,000 after purchasing an additional 545,448 shares during the last quarter.

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.