Marks Group Wealth Management Inc Acquires New Stake in T. Rowe Price Capital Appreciation Equity ETF $TCAF

Marks Group Wealth Management Inc acquired a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 24,003 shares of the company’s stock, valued at approximately $917,000.

A number of other hedge funds have also made changes to their positions in the stock. LPL Financial LLC increased its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 15.2% during the fourth quarter. LPL Financial LLC now owns 14,929,038 shares of the company’s stock valued at $570,588,000 after acquiring an additional 1,969,844 shares during the period. Raymond James Financial Inc. grew its position in T. Rowe Price Capital Appreciation Equity ETF by 9.8% in the third quarter. Raymond James Financial Inc. now owns 5,878,165 shares of the company’s stock worth $221,607,000 after buying an additional 526,810 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in T. Rowe Price Capital Appreciation Equity ETF by 9.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,151,801 shares of the company’s stock worth $83,296,000 after buying an additional 177,483 shares during the last quarter. JPMorgan Chase & Co. grew its position in T. Rowe Price Capital Appreciation Equity ETF by 3,475.1% in the third quarter. JPMorgan Chase & Co. now owns 2,076,667 shares of the company’s stock worth $78,290,000 after buying an additional 2,018,580 shares during the last quarter. Finally, Bank of America Corp DE grew its position in T. Rowe Price Capital Appreciation Equity ETF by 19.4% in the third quarter. Bank of America Corp DE now owns 1,445,210 shares of the company’s stock worth $54,484,000 after buying an additional 235,060 shares during the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Stock Performance

T. Rowe Price Capital Appreciation Equity ETF stock opened at $40.04 on Wednesday. The firm has a market cap of $7.18 billion, a price-to-earnings ratio of 29.44 and a beta of 0.94. T. Rowe Price Capital Appreciation Equity ETF has a 1 year low of $33.90 and a 1 year high of $41.19. The firm’s 50 day moving average price is $39.10 and its two-hundred day moving average price is $38.24.

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.