World Equity Group Inc. bought a new position in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF – Free Report) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 41,064 shares of the company’s stock, valued at approximately $1,366,000.
Several other hedge funds have also modified their holdings of TCAF. Strategic Financial Concepts LLC boosted its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 4,077.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 3,068,111 shares of the company’s stock worth $102,076,000 after acquiring an additional 2,994,664 shares during the last quarter. LPL Financial LLC lifted 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 valued at $160,137,000 after buying an additional 1,426,240 shares in the last quarter. McCarthy & Cox lifted its position in 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 valued at $27,468,000 after buying an additional 574,200 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in T. Rowe Price Capital Appreciation Equity ETF by 88.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,163,266 shares of the company’s stock valued at $38,679,000 after buying an additional 545,448 shares in the last quarter. Finally, Consolidated Planning Corp lifted its position in T. Rowe Price Capital Appreciation Equity ETF by 35.3% during the fourth quarter. Consolidated Planning Corp now owns 1,411,815 shares of the company’s stock valued at $46,971,000 after buying an additional 368,586 shares in the last quarter.
T. Rowe Price Capital Appreciation Equity ETF Stock Down 1.7 %
Shares of TCAF stock opened at $33.83 on Friday. The stock has a market cap of $1.55 billion, a price-to-earnings ratio of 29.74 and a beta of 0.93. T. Rowe Price Capital Appreciation Equity ETF has a fifty-two week low of $28.80 and a fifty-two week high of $34.85. The firm’s 50 day moving average price is $33.94 and its two-hundred day moving average price is $33.41.
About T. Rowe Price Capital Appreciation Equity ETF
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.
Further Reading
- Five stocks we like better than T. Rowe Price Capital Appreciation Equity ETF
- Stock Splits, Do They Really Impact Investors?
- These 5 Energy Stocks Hedge Inflation With Growth Potential
- What Are Dividend Achievers? An Introduction
- Unity Stock: Is a True Turnaround Finally Taking Shape?
- Stock Sentiment Analysis: How it Works
- DuPont’s Electronics Spinoff: The Start of Something Big
Want to see what other hedge funds are holding TCAF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF – Free Report).
Receive News & Ratings for T. Rowe Price Capital Appreciation Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T. Rowe Price Capital Appreciation Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.