T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Sees Large Decrease in Short Interest

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 85,584 shares, a decline of 78.2% from the April 30th total of 392,884 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 665,990 shares, the days-to-cover ratio is currently 0.1 days.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

Shares of TCAF traded up $0.13 during mid-day trading on Friday, hitting $41.11. The stock had a trading volume of 500,576 shares, compared to its average volume of 863,464. T. Rowe Price Capital Appreciation Equity ETF has a 52 week low of $33.19 and a 52 week high of $41.16. The firm has a market cap of $7.37 billion, a P/E ratio of 29.44 and a beta of 0.94. The business has a fifty day moving average price of $38.40 and a 200-day moving average price of $38.14.

Institutional Trading of T. Rowe Price Capital Appreciation Equity ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Diversified Management Inc. bought a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the 4th quarter valued at $5,667,000. DKM Wealth Management Inc. raised its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 8.0% during the 4th quarter. DKM Wealth Management Inc. now owns 410,943 shares of the company’s stock valued at $15,706,000 after purchasing an additional 30,545 shares during the period. Allworth Financial LP raised its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 6.3% during the 3rd quarter. Allworth Financial LP now owns 286,735 shares of the company’s stock valued at $10,810,000 after purchasing an additional 17,115 shares during the period. HighTower Advisors LLC raised its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 10.6% during the 3rd quarter. HighTower Advisors LLC now owns 253,900 shares of the company’s stock valued at $9,572,000 after purchasing an additional 24,335 shares during the period. Finally, United Advisor Group LLC raised its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 42.4% during the 4th quarter. United Advisor Group LLC now owns 70,021 shares of the company’s stock valued at $2,676,000 after purchasing an additional 20,833 shares during the period.

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.