T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Hits New 12-Month Low – Time to Sell?

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as $28.28 and last traded at $28.37, with a volume of 311960 shares trading hands. The stock had previously closed at $29.59.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

The firm has a market capitalization of $3.56 billion, a price-to-earnings ratio of 27.17 and a beta of 0.93. The business has a 50 day moving average of $33.32 and a 200 day moving average of $33.54.

Institutional Investors Weigh In On T. Rowe Price Capital Appreciation Equity ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC boosted its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 29.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,508,718 shares of the company’s stock valued at $50,195,000 after acquiring an additional 345,452 shares in the last quarter. Centaurus Financial Inc. bought a new position in T. Rowe Price Capital Appreciation Equity ETF during the fourth quarter worth about $1,913,000. Lighthouse Financial LLC acquired a new stake in T. Rowe Price Capital Appreciation Equity ETF during the fourth quarter valued at approximately $2,652,000. Carolinas Wealth Consulting LLC grew its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 15.4% in the 4th quarter. Carolinas Wealth Consulting LLC now owns 433,779 shares of the company’s stock valued at $14,432,000 after purchasing an additional 57,845 shares during the period. Finally, Integrated Advisors Network LLC raised its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 16.6% in the 4th quarter. Integrated Advisors Network LLC now owns 25,443 shares of the company’s stock worth $846,000 after buying an additional 3,614 shares in 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.