Cornerstone Wealth Management LLC Buys 3,439 Shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

Cornerstone Wealth Management LLC increased its stake in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 17.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 22,640 shares of the company’s stock after purchasing an additional 3,439 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in T. Rowe Price Capital Appreciation Equity ETF were worth $753,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. LPL Financial LLC boosted its position in T. Rowe Price Capital Appreciation Equity ETF by 42.1% during the third quarter. LPL Financial LLC now owns 4,816,147 shares of the company’s stock worth $160,137,000 after purchasing an additional 1,426,240 shares during the period. Commonwealth Equity Services LLC grew its stake in T. Rowe Price Capital Appreciation Equity ETF by 21.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 3,015,876 shares of the company’s stock valued at $100,278,000 after buying an additional 526,119 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in T. Rowe Price Capital Appreciation Equity ETF by 88.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,163,266 shares of the company’s stock valued at $38,679,000 after acquiring an additional 545,448 shares during the period. TTP Investments Inc. lifted its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 6.6% during the third quarter. TTP Investments Inc. now owns 1,047,752 shares of the company’s stock worth $34,838,000 after acquiring an additional 64,689 shares in the last quarter. Finally, McCarthy & Cox boosted its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 228.4% in the fourth quarter. McCarthy & Cox now owns 825,596 shares of the company’s stock worth $27,468,000 after acquiring an additional 574,200 shares during the period.

T. Rowe Price Capital Appreciation Equity ETF Stock Performance

Shares of NYSEARCA TCAF opened at $34.54 on Friday. The stock has a fifty day moving average of $33.90 and a 200-day moving average of $33.04. The stock has a market cap of $1.58 billion, a PE ratio of 29.74 and a beta of 0.93. T. Rowe Price Capital Appreciation Equity ETF has a fifty-two week low of $27.93 and a fifty-two week high of $34.74.

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.