T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Sets New 52-Week High – Here’s What Happened

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)’s stock price reached a new 52-week high during mid-day trading on Wednesday. The company traded as high as $43.72 and last traded at $43.7060, with a volume of 132,164 shares trading hands. The stock had previously closed at $43.58.

T. Rowe Price Capital Appreciation Equity ETF Trading Up 0.3%

The firm has a market cap of $8.19 billion, a PE ratio of 29.44 and a beta of 0.94. The firm has a 50 day moving average price of $42.79 and a 200-day moving average price of $40.10.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Bank of America Corp DE raised its position in T. Rowe Price Capital Appreciation Equity ETF by 11.0% in the 1st quarter. Bank of America Corp DE now owns 1,901,881 shares of the company’s stock valued at $67,688,000 after purchasing an additional 188,536 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 8.9% in the first quarter. Cetera Investment Advisers now owns 1,508,192 shares of the company’s stock valued at $53,677,000 after buying an additional 123,670 shares during the last quarter. Private Advisor Group LLC raised its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 14.2% in the first quarter. Private Advisor Group LLC now owns 899,094 shares of the company’s stock valued at $31,999,000 after buying an additional 112,077 shares during the last quarter. PYA Waltman Capital LLC boosted its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 4.5% during the second quarter. PYA Waltman Capital LLC now owns 870,538 shares of the company’s stock worth $35,779,000 after buying an additional 37,799 shares during the period. Finally, Eastern Bank acquired a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the third quarter worth about $30,462,000.

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.