T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Share Price Breaks Above Fifty Day Moving Average – Here’s Why

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $42.87 and traded as high as $43.04. T. Rowe Price Capital Appreciation Equity ETF shares last traded at $42.88, with a volume of 819,547 shares.

T. Rowe Price Capital Appreciation Equity ETF Stock Up 0.6%

The business has a 50-day moving average price of $42.87 and a 200-day moving average price of $40.21. The firm has a market capitalization of $8.05 billion, a price-to-earnings ratio of 29.44 and a beta of 0.94.

Institutional Trading of T. Rowe Price Capital Appreciation Equity ETF

A number of institutional investors have recently made changes to their positions in TCAF. Capital Analysts LLC increased its position in T. Rowe Price Capital Appreciation Equity ETF by 10.3% during the 2nd quarter. Capital Analysts LLC now owns 501,777 shares of the company’s stock valued at $20,623,000 after buying an additional 46,740 shares in the last quarter. PYA Waltman Capital LLC raised its stake in T. Rowe Price Capital Appreciation Equity ETF by 4.5% in the second quarter. PYA Waltman Capital LLC now owns 870,538 shares of the company’s stock valued at $35,779,000 after buying an additional 37,799 shares during the last quarter. Retirement Planning Group LLC purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF in the first quarter valued at about $3,492,000. HB Wealth Management LLC acquired a new stake in T. Rowe Price Capital Appreciation Equity ETF in the second quarter worth about $1,046,000. Finally, Western Wealth Management LLC boosted its holdings in T. Rowe Price Capital Appreciation Equity ETF by 22.0% in the first quarter. Western Wealth Management LLC now owns 71,808 shares of the company’s stock worth $2,556,000 after acquiring an additional 12,947 shares in the last quarter.

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.