Concurrent Investment Advisors LLC Has $3.87 Million Stock Holdings in T. Rowe Price Capital Appreciation Premium Income ETF $TCAL

Concurrent Investment Advisors LLC increased its holdings in shares of T. Rowe Price Capital Appreciation Premium Income ETF (NYSEARCA:TCAL) by 41.4% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 174,224 shares of the company’s stock after purchasing an additional 50,998 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in T. Rowe Price Capital Appreciation Premium Income ETF were worth $3,868,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Prospera Financial Services Inc raised its position in T. Rowe Price Capital Appreciation Premium Income ETF by 5.2% during the second quarter. Prospera Financial Services Inc now owns 23,790 shares of the company’s stock valued at $528,000 after buying an additional 1,185 shares during the period. Western Wealth Management LLC boosted its position in T. Rowe Price Capital Appreciation Premium Income ETF by 17.9% during the 1st quarter. Western Wealth Management LLC now owns 51,969 shares of the company’s stock worth $1,161,000 after acquiring an additional 7,902 shares during the period. Summit Financial Wealth Advisors LLC boosted its position in T. Rowe Price Capital Appreciation Premium Income ETF by 69.9% during the 1st quarter. Summit Financial Wealth Advisors LLC now owns 28,774 shares of the company’s stock worth $643,000 after acquiring an additional 11,834 shares during the period. Royal Bank of Canada grew its stake in T. Rowe Price Capital Appreciation Premium Income ETF by 2,816.7% during the 1st quarter. Royal Bank of Canada now owns 308,328 shares of the company’s stock valued at $6,891,000 after acquiring an additional 297,757 shares in the last quarter. Finally, Gateway Wealth Partners LLC purchased a new position in T. Rowe Price Capital Appreciation Premium Income ETF during the 1st quarter valued at about $219,000.

T. Rowe Price Capital Appreciation Premium Income ETF Price Performance

Shares of TCAL opened at $22.77 on Tuesday. The company has a market capitalization of $286.90 million, a price-to-earnings ratio of 25.37 and a beta of 0.19. T. Rowe Price Capital Appreciation Premium Income ETF has a fifty-two week low of $21.73 and a fifty-two week high of $25.08. The business’s 50-day moving average is $22.87 and its 200-day moving average is $22.71.

About T. Rowe Price Capital Appreciation Premium Income ETF

The T. Rowe Price Capital Appreciation Premium Income ETF (TCAL) is an exchange-traded fund managed by T. Rowe Price. The fund aims to provide regular distributions while seeking capital preservation and potential for capital appreciation. It achieves this by investing primarily in U.S. equities and employing a covered call options strategy. This approach involves writing call options on individual stocks to generate income through premiums, which can enhance current income and help offset potential downside risks.