T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Sees Strong Trading Volume – Here’s What Happened

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) shares saw strong trading volume on Tuesday . Approximately 3,122,055 shares changed hands during trading, an increase of 279% from the previous session’s volume of 824,794 shares.The stock last traded at $40.18 and had previously closed at $40.28.

T. Rowe Price Capital Appreciation Equity ETF Stock Performance

The business has a 50-day simple moving average of $39.84 and a two-hundred day simple moving average of $38.36. The stock has a market cap of $7.18 billion, a price-to-earnings ratio of 29.44 and a beta of 0.94.

Hedge Funds Weigh In On T. Rowe Price Capital Appreciation Equity ETF

A number of large investors have recently modified their holdings of the business. Huntington National Bank acquired a new position in T. Rowe Price Capital Appreciation Equity ETF during the fourth quarter valued at approximately $32,000. Fifth Third Bancorp bought a new position in T. Rowe Price Capital Appreciation Equity ETF during the third quarter worth about $36,000. Litman Gregory Wealth Management LLC bought a new position in T. Rowe Price Capital Appreciation Equity ETF during the fourth quarter worth about $40,000. Dougherty Wealth Advisers LLC acquired a new position in T. Rowe Price Capital Appreciation Equity ETF during the fourth quarter worth approximately $50,000. Finally, Rossby Financial LCC bought a new stake in T. Rowe Price Capital Appreciation Equity ETF in the fourth quarter valued at approximately $54,000.

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.