T. Rowe Price Capital Appreciation Premium Income ETF $TCAL Position Boosted by Lowe Wealth Advisors LLC

Lowe Wealth Advisors LLC lifted its stake in T. Rowe Price Capital Appreciation Premium Income ETF (NYSEARCA:TCAL) by 59.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 56,823 shares of the company’s stock after purchasing an additional 21,270 shares during the quarter. T. Rowe Price Capital Appreciation Premium Income ETF accounts for 0.5% of Lowe Wealth Advisors LLC’s portfolio, making the stock its 21st largest position. Lowe Wealth Advisors LLC owned about 0.97% of T. Rowe Price Capital Appreciation Premium Income ETF worth $1,386,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Jane Street Group LLC acquired a new position in T. Rowe Price Capital Appreciation Premium Income ETF in the 1st quarter valued at approximately $657,000. SK Wealth Management LLC grew its holdings in shares of T. Rowe Price Capital Appreciation Premium Income ETF by 7.4% during the 2nd quarter. SK Wealth Management LLC now owns 101,103 shares of the company’s stock valued at $2,498,000 after acquiring an additional 6,981 shares in the last quarter. Lighthouse Wealth Management Inc. acquired a new position in shares of T. Rowe Price Capital Appreciation Premium Income ETF in the second quarter worth $619,000. Concurrent Investment Advisors LLC purchased a new stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF during the second quarter worth $201,000. Finally, Yarger Wealth Strategies LLC purchased a new stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF during the second quarter worth $930,000.

T. Rowe Price Capital Appreciation Premium Income ETF Price Performance

Shares of NYSEARCA TCAL opened at $23.82 on Friday. The business’s 50-day moving average price is $23.96 and its two-hundred day moving average price is $24.37. T. Rowe Price Capital Appreciation Premium Income ETF has a one year low of $23.24 and a one year high of $29.81. The company has a market capitalization of $163.17 million, a P/E ratio of 25.37 and a beta of 0.92.

T. Rowe Price Capital Appreciation Premium Income ETF Company Profile

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.