SVRN Asset Management LLC Buys New Stake in T. Rowe Price Capital Appreciation Equity ETF $TCAF

SVRN Asset Management LLC bought a new stake in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 97,447 shares of the company’s stock, valued at approximately $3,724,000. T. Rowe Price Capital Appreciation Equity ETF makes up approximately 3.1% of SVRN Asset Management LLC’s holdings, making the stock its 9th biggest position. SVRN Asset Management LLC owned approximately 0.06% of T. Rowe Price Capital Appreciation Equity ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Huntington National Bank purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF in the 4th quarter valued at approximately $32,000. Fifth Third Bancorp purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF in the 3rd quarter valued at approximately $36,000. Litman Gregory Wealth Management LLC purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF in the 4th quarter valued at approximately $40,000. Dougherty Wealth Advisers LLC purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF in the 4th quarter valued at approximately $50,000. Finally, Rossby Financial LCC purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF in the 4th quarter valued at approximately $54,000.

T. Rowe Price Capital Appreciation Equity ETF Stock Performance

TCAF stock opened at $39.89 on Friday. T. Rowe Price Capital Appreciation Equity ETF has a 1 year low of $33.90 and a 1 year high of $41.19. The stock’s 50 day moving average price is $39.36 and its 200 day moving average price is $38.28. The firm has a market cap of $7.15 billion, a P/E ratio of 29.44 and a beta of 0.94.

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.