NewEdge Advisors LLC Grows Stake in T. Rowe Price Capital Appreciation Equity ETF $TCAF

NewEdge Advisors LLC raised its holdings in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 5.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 280,099 shares of the company’s stock after buying an additional 15,166 shares during the quarter. NewEdge Advisors LLC owned about 0.16% of T. Rowe Price Capital Appreciation Equity ETF worth $9,969,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in TCAF. Diversified Management Inc. bought a new stake in T. Rowe Price Capital Appreciation Equity ETF during the 4th quarter valued at approximately $5,667,000. UBS Group AG raised its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 35.9% in the 4th quarter. UBS Group AG now owns 1,010,843 shares of the company’s stock worth $38,634,000 after acquiring an additional 267,154 shares in the last quarter. Harborfront Financial Group LLC bought a new position in shares of T. Rowe Price Capital Appreciation Equity ETF in the 4th quarter worth approximately $2,551,000. United Advisor Group LLC lifted its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 42.4% in the 4th quarter. United Advisor Group LLC now owns 70,021 shares of the company’s stock valued at $2,676,000 after purchasing an additional 20,833 shares during the period. Finally, Souders Financial Advisors lifted its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 2.3% in the 4th quarter. Souders Financial Advisors now owns 741,865 shares of the company’s stock valued at $28,354,000 after purchasing an additional 16,739 shares during the period.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

NYSEARCA TCAF opened at $42.85 on Monday. The firm has a market capitalization of $8.29 billion, a PE ratio of 29.44 and a beta of 0.93. The stock’s 50 day moving average is $41.01 and its 200 day moving average is $39.07. T. Rowe Price Capital Appreciation Equity ETF has a twelve month low of $34.43 and a twelve month high of $43.04.

T. Rowe Price Capital Appreciation Equity ETF 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.