T. Rowe Price Capital Appreciation Premium Income ETF $TCAL Shares Acquired by Essex Financial Services Inc.

Essex Financial Services Inc. increased its position in T. Rowe Price Capital Appreciation Premium Income ETF (NYSEARCA:TCAL) by 75.5% in the fourth quarter, Holdings Channel reports. The firm owned 121,028 shares of the company’s stock after purchasing an additional 52,085 shares during the quarter. Essex Financial Services Inc.’s holdings in T. Rowe Price Capital Appreciation Premium Income ETF were worth $2,853,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of TCAL. Jane Street Group LLC acquired a new position in T. Rowe Price Capital Appreciation Premium Income ETF in the first quarter worth about $657,000. NCM Capital Management LLC acquired a new position in T. Rowe Price Capital Appreciation Premium Income ETF in the second quarter worth about $639,000. Capital Investment Advisory Services LLC grew its stake in T. Rowe Price Capital Appreciation Premium Income ETF by 21.4% in the third quarter. Capital Investment Advisory Services LLC now owns 5,220 shares of the company’s stock worth $127,000 after purchasing an additional 919 shares in the last quarter. Waterfront Wealth Inc. acquired a new position in T. Rowe Price Capital Appreciation Premium Income ETF in the third quarter worth about $949,000. Finally, Stratos Wealth Advisors LLC grew its stake in T. Rowe Price Capital Appreciation Premium Income ETF by 10.3% in the third quarter. Stratos Wealth Advisors LLC now owns 46,148 shares of the company’s stock worth $1,126,000 after purchasing an additional 4,294 shares in the last quarter.

T. Rowe Price Capital Appreciation Premium Income ETF Stock Performance

NYSEARCA:TCAL opened at $22.09 on Monday. The company has a market capitalization of $275.02 million, a price-to-earnings ratio of 25.37 and a beta of 0.30. T. Rowe Price Capital Appreciation Premium Income ETF has a one year low of $21.91 and a one year high of $29.81. The stock has a 50-day simple moving average of $22.47 and a 200 day simple moving average of $23.30.

About T. Rowe Price Capital Appreciation Premium Income ETF

The T. Rowe Price Capital Appreciation Premium Income ETF (TCAL) is an exchange-traded fund managed by T. Rowe Price. The fund aims to provide regular distributions while seeking capital preservation and potential for capital appreciation. It achieves this by investing primarily in U.S. equities and employing a covered call options strategy. This approach involves writing call options on individual stocks to generate income through premiums, which can enhance current income and help offset potential downside risks.