Wedbush Securities Inc. Acquires 8,718 Shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

Wedbush Securities Inc. raised its stake in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 21.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 50,214 shares of the company’s stock after buying an additional 8,718 shares during the quarter. Wedbush Securities Inc. owned about 0.11% of T. Rowe Price Capital Appreciation Equity ETF worth $1,671,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in TCAF. Raymond James Financial Inc. bought a new stake in T. Rowe Price Capital Appreciation Equity ETF in the 4th quarter valued at $150,214,000. Strategic Financial Concepts LLC raised its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 4,077.3% in the 4th quarter. Strategic Financial Concepts LLC now owns 3,068,111 shares of the company’s stock valued at $102,076,000 after purchasing an additional 2,994,664 shares during the period. LPL Financial LLC lifted its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 48.6% in the fourth quarter. LPL Financial LLC now owns 7,155,924 shares of the company’s stock valued at $238,078,000 after purchasing an additional 2,339,777 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 379.9% during the fourth quarter. Wells Fargo & Company MN now owns 2,521,439 shares of the company’s stock worth $83,888,000 after buying an additional 1,995,987 shares during the period. Finally, McCarthy & Cox grew its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 228.4% during the fourth quarter. McCarthy & Cox now owns 825,596 shares of the company’s stock worth $27,468,000 after buying an additional 574,200 shares in the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Stock Performance

Shares of T. Rowe Price Capital Appreciation Equity ETF stock opened at $29.59 on Friday. T. Rowe Price Capital Appreciation Equity ETF has a 52-week low of $28.80 and a 52-week high of $34.85. The business’s 50 day simple moving average is $33.32 and its 200 day simple moving average is $33.53. The firm has a market cap of $3.58 billion, a PE ratio of 27.17 and a beta of 0.93.

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.