Parsons Capital Management Inc. RI Cuts Position in T. Rowe Price Capital Appreciation Equity ETF $TCAF

Parsons Capital Management Inc. RI lessened its holdings in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 0.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 320,407 shares of the company’s stock after selling 552 shares during the period. T. Rowe Price Capital Appreciation Equity ETF comprises about 0.7% of Parsons Capital Management Inc. RI’s portfolio, making the stock its 26th largest holding. Parsons Capital Management Inc. RI’s holdings in T. Rowe Price Capital Appreciation Equity ETF were worth $11,304,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Price T Rowe Associates Inc. MD increased its stake in T. Rowe Price Capital Appreciation Equity ETF by 54,690.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 13,623,067 shares of the company’s stock worth $439,116,000 after buying an additional 13,598,203 shares in the last quarter. LPL Financial LLC increased its stake in T. Rowe Price Capital Appreciation Equity ETF by 22.8% during the 1st quarter. LPL Financial LLC now owns 8,790,070 shares of the company’s stock worth $283,743,000 after buying an additional 1,634,146 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in T. Rowe Price Capital Appreciation Equity ETF by 44.1% during the 1st quarter. Commonwealth Equity Services LLC now owns 4,934,474 shares of the company’s stock worth $159,285,000 after buying an additional 1,509,453 shares in the last quarter. Bank of New York Mellon Corp increased its stake in T. Rowe Price Capital Appreciation Equity ETF by 82.0% during the 1st quarter. Bank of New York Mellon Corp now owns 1,826,524 shares of the company’s stock worth $58,960,000 after buying an additional 822,877 shares in the last quarter. Finally, TTP Investments Inc. increased its stake in T. Rowe Price Capital Appreciation Equity ETF by 50.6% during the 2nd quarter. TTP Investments Inc. now owns 1,653,432 shares of the company’s stock worth $58,333,000 after buying an additional 555,277 shares in the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Trading Up 0.5%

NYSEARCA:TCAF opened at $37.87 on Thursday. T. Rowe Price Capital Appreciation Equity ETF has a 12 month low of $28.28 and a 12 month high of $37.91. The stock has a 50 day moving average of $36.87 and a two-hundred day moving average of $34.50. The firm has a market cap of $5.38 billion, a P/E ratio of 29.44 and a beta of 0.91.

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.