Studio Investment Management LLC Increases Position in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

Studio Investment Management LLC grew its position in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 130.6% during the third quarter, Holdings Channel.com reports. The firm owned 31,030 shares of the company’s stock after acquiring an additional 17,573 shares during the period. Studio Investment Management LLC’s holdings in T. Rowe Price Capital Appreciation Equity ETF were worth $1,032,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. WASHINGTON TRUST Co increased its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 78.6% in the 2nd quarter. WASHINGTON TRUST Co now owns 875 shares of the company’s stock valued at $27,000 after acquiring an additional 385 shares during the last quarter. EverSource Wealth Advisors LLC purchased a new position in T. Rowe Price Capital Appreciation Equity ETF in the second quarter valued at approximately $29,000. Assetmark Inc. purchased a new position in T. Rowe Price Capital Appreciation Equity ETF in the third quarter valued at approximately $48,000. Keener Financial Planning LLC purchased a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the 3rd quarter worth approximately $49,000. Finally, Annapolis Financial Services LLC purchased a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the 2nd quarter worth approximately $78,000.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

NYSEARCA TCAF opened at $33.85 on Friday. The firm’s fifty day moving average price is $33.33 and its 200 day moving average price is $32.08. T. Rowe Price Capital Appreciation Equity ETF has a 12 month low of $26.38 and a 12 month high of $34.37. The company has a market capitalization 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 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.