T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Short Interest Up 56.6% in July

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 810,176 shares, a growth of 56.6% from the July 15th total of 517,512 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 541,833 shares, the days-to-cover ratio is presently 1.5 days.

Institutional Investors Weigh In On T. Rowe Price Capital Appreciation Equity ETF

Several hedge funds have recently modified their holdings of TCAF. Price T Rowe Associates Inc. MD increased its position in T. Rowe Price Capital Appreciation Equity ETF by 10.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 19,069,107 shares of the company’s stock worth $730,343,000 after purchasing an additional 1,799,525 shares during the last quarter. LPL Financial LLC grew its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 15.2% during the 4th quarter. LPL Financial LLC now owns 14,929,038 shares of the company’s stock valued at $570,588,000 after buying an additional 1,969,844 shares during the period. Raymond James Financial Inc. grew its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 9.8% during the 3rd quarter. Raymond James Financial Inc. now owns 5,878,165 shares of the company’s stock valued at $221,607,000 after buying an additional 526,810 shares during the period. Commonwealth Equity Services LLC increased its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 4.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 5,233,638 shares of the company’s stock worth $200,030,000 after buying an additional 240,368 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 7.4% in the 4th quarter. Wells Fargo & Company MN now owns 3,531,473 shares of the company’s stock worth $134,973,000 after buying an additional 242,301 shares during the period.

T. Rowe Price Capital Appreciation Equity ETF Trading Up 0.6%

NYSEARCA TCAF opened at $42.54 on Thursday. The business’s 50-day moving average price is $41.39 and its 200 day moving average price is $39.32. T. Rowe Price Capital Appreciation Equity ETF has a twelve month low of $34.43 and a twelve month high of $43.13. The company has a market capitalization of $8.23 billion, a PE ratio of 29.44 and a beta of 0.93.

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.