Sagespring Wealth Partners LLC Invests $628,000 in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

Sagespring Wealth Partners LLC bought a new stake in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 18,874 shares of the company’s stock, valued at approximately $628,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. LPL Financial LLC boosted its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 48.6% during the 4th quarter. LPL Financial LLC now owns 7,155,924 shares of the company’s stock worth $238,078,000 after acquiring an additional 2,339,777 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF during the fourth quarter worth approximately $150,214,000. Commonwealth Equity Services LLC boosted its holdings in T. Rowe Price Capital Appreciation Equity ETF by 13.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 3,425,021 shares of the company’s stock valued at $113,950,000 after purchasing an additional 409,145 shares in the last quarter. Strategic Financial Concepts LLC increased its stake in T. Rowe Price Capital Appreciation Equity ETF by 4,077.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 3,068,111 shares of the company’s stock valued at $102,076,000 after purchasing an additional 2,994,664 shares during the last quarter. Finally, Wells Fargo & Company MN raised its holdings in T. Rowe Price Capital Appreciation Equity ETF by 379.9% during the fourth quarter. Wells Fargo & Company MN now owns 2,521,439 shares of the company’s stock worth $83,888,000 after purchasing an additional 1,995,987 shares in the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Trading Up 1.0 %

Shares of NYSEARCA:TCAF opened at $31.38 on Tuesday. The firm has a 50 day simple moving average of $32.68 and a 200-day simple moving average of $33.39. The company has a market capitalization of $3.79 billion, a PE ratio of 27.17 and a beta of 0.93. T. Rowe Price Capital Appreciation Equity ETF has a twelve month low of $28.28 and a twelve month high of $34.85.

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.