T. Rowe Price Capital Appreciation Premium Income ETF $TCAL Shares Purchased by Royal Bank of Canada

Royal Bank of Canada boosted its holdings in shares of T. Rowe Price Capital Appreciation Premium Income ETF (NYSEARCA:TCAL) by 2,816.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 308,328 shares of the company’s stock after acquiring an additional 297,757 shares during the period. Royal Bank of Canada owned about 2.48% of T. Rowe Price Capital Appreciation Premium Income ETF worth $6,891,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of TCAL. Gateway Wealth Partners LLC acquired a new stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF in the first quarter valued at approximately $219,000. Wills Financial Group LLC lifted its stake in T. Rowe Price Capital Appreciation Premium Income ETF by 5.5% in the 1st quarter. Wills Financial Group LLC now owns 22,798 shares of the company’s stock valued at $503,000 after buying an additional 1,183 shares in the last quarter. Cetera Investment Advisers lifted its stake in T. Rowe Price Capital Appreciation Premium Income ETF by 42.2% in the 1st quarter. Cetera Investment Advisers now owns 137,247 shares of the company’s stock valued at $3,067,000 after buying an additional 40,710 shares in the last quarter. CMC Financial Group grew its holdings in T. Rowe Price Capital Appreciation Premium Income ETF by 2.7% during the 1st quarter. CMC Financial Group now owns 386,095 shares of the company’s stock valued at $8,629,000 after buying an additional 10,197 shares during the last quarter. Finally, Carson Advisory Inc. grew its holdings in T. Rowe Price Capital Appreciation Premium Income ETF by 62.9% during the 1st quarter. Carson Advisory Inc. now owns 128,600 shares of the company’s stock valued at $2,874,000 after buying an additional 49,670 shares during the last quarter.

T. Rowe Price Capital Appreciation Premium Income ETF Stock Up 0.3%

TCAL opened at $23.19 on Wednesday. The business’s fifty day simple moving average is $22.53 and its 200 day simple moving average is $22.79. T. Rowe Price Capital Appreciation Premium Income ETF has a 52 week low of $21.73 and a 52 week high of $25.21. The firm has a market cap of $292.19 million, a P/E ratio of 25.37 and a beta of 0.18.

T. Rowe Price Capital Appreciation Premium Income ETF Company Profile

The T. Rowe Price Capital Appreciation Premium Income ETF (TCAL) is an exchange-traded fund managed by T. Rowe Price. The fund aims to provide regular distributions while seeking capital preservation and potential for capital appreciation. It achieves this by investing primarily in U.S. equities and employing a covered call options strategy. This approach involves writing call options on individual stocks to generate income through premiums, which can enhance current income and help offset potential downside risks.