HighTower Advisors LLC Has $6.47 Million Position in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

HighTower Advisors LLC raised its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 25.9% in the 4th quarter, HoldingsChannel reports. The firm owned 194,421 shares of the company’s stock after buying an additional 39,944 shares during the period. HighTower Advisors LLC’s holdings in T. Rowe Price Capital Appreciation Equity ETF were worth $6,468,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TCAF. Global Wealth Strategies & Associates acquired a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the 4th quarter worth about $27,000. Tortoise Investment Management LLC bought a new position in T. Rowe Price Capital Appreciation Equity ETF in the 4th quarter valued at about $34,000. Assetmark Inc. acquired a new stake in T. Rowe Price Capital Appreciation Equity ETF during the third quarter worth approximately $48,000. Comprehensive Financial Planning Inc. PA bought a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the fourth quarter worth approximately $82,000. Finally, Summit Asset Management LLC acquired a new position in shares of T. Rowe Price Capital Appreciation Equity ETF in the fourth quarter valued at approximately $235,000.

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

Shares of NYSEARCA TCAF opened at $32.45 on Wednesday. The firm has a market cap of $3.33 billion, a P/E ratio of 33.64 and a beta of 0.93. The business’s 50 day moving average is $33.69 and its 200-day moving average is $33.52. T. Rowe Price Capital Appreciation Equity ETF has a 1-year low of $28.80 and a 1-year high of $34.85.

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.