Value Investment Professionals LLC Invests $1.64 Million in T. Rowe Price Capital Appreciation Equity ETF $TCAF

Value Investment Professionals LLC bought a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 39,965 shares of the company’s stock, valued at approximately $1,643,000. T. Rowe Price Capital Appreciation Equity ETF makes up about 1.4% of Value Investment Professionals LLC’s investment portfolio, making the stock its 19th biggest position.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Huntington National Bank purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF during the fourth quarter worth $32,000. Litman Gregory Wealth Management LLC purchased a new position in T. Rowe Price Capital Appreciation Equity ETF in the fourth quarter valued at $40,000. Dougherty Wealth Advisers LLC acquired a new position in shares of T. Rowe Price Capital Appreciation Equity ETF in the fourth quarter worth about $50,000. Rossby Financial LCC acquired a new position in shares of T. Rowe Price Capital Appreciation Equity ETF in the fourth quarter worth about $54,000. Finally, Geneos Wealth Management Inc. raised its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 243.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,595 shares of the company’s stock worth $56,000 after acquiring an additional 1,130 shares during the period.

T. Rowe Price Capital Appreciation Equity ETF Stock Up 1.4%

TCAF stock opened at $42.72 on Wednesday. T. Rowe Price Capital Appreciation Equity ETF has a 52-week low of $34.43 and a 52-week high of $42.83. The firm has a market cap of $8.26 billion, a P/E ratio of 29.44 and a beta of 0.93. The company’s 50-day simple moving average is $40.91 and its 200-day simple moving average is $38.99.

About T. Rowe Price Capital Appreciation Equity ETF

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.