McCarthy Asset Management Inc. Sells 7,417 Shares of T. Rowe Price Capital Appreciation Equity ETF $TCAF

McCarthy Asset Management Inc. lowered its stake in shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 1.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 539,671 shares of the company’s stock after selling 7,417 shares during the quarter. T. Rowe Price Capital Appreciation Equity ETF makes up about 12.9% of McCarthy Asset Management Inc.’s holdings, making the stock its 4th biggest position. McCarthy Asset Management Inc.’s holdings in T. Rowe Price Capital Appreciation Equity ETF were worth $19,040,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital Management Associates Inc acquired a new stake in T. Rowe Price Capital Appreciation Equity ETF during the second quarter worth approximately $205,000. Boyum Wealth Architects LLC purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF in the 2nd quarter valued at $206,000. Bond & Devick Financial Network Inc. purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF in the 2nd quarter valued at $206,000. AssuredPartners Investment Advisors LLC purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF in the 2nd quarter valued at $212,000. Finally, Pacific Financial Group Inc. purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF in the 2nd quarter valued at $214,000.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

TCAF stock opened at $38.70 on Friday. The company has a fifty day moving average price of $37.43 and a 200 day moving average price of $35.27. T. Rowe Price Capital Appreciation Equity ETF has a 12 month low of $28.28 and a 12 month high of $38.76. The company has a market cap of $6.00 billion, a price-to-earnings ratio of 29.44 and a beta of 0.91.

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.