T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Sees Significant Decline in Short Interest

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totaling 85,584 shares, a decline of 78.2% from the April 30th total of 392,884 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 665,990 shares, the days-to-cover ratio is currently 0.1 days.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

Shares of NYSEARCA:TCAF traded up $0.13 during trading on Friday, reaching $41.11. 406,822 shares of the stock were exchanged, compared to its average volume of 862,264. T. Rowe Price Capital Appreciation Equity ETF has a 1-year low of $33.19 and a 1-year high of $41.16. The stock has a fifty day moving average of $38.30 and a two-hundred day moving average of $38.11. The firm has a market cap of $7.37 billion, a price-to-earnings ratio of 29.44 and a beta of 0.94.

Institutional Investors Weigh In On T. Rowe Price Capital Appreciation Equity ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Diversified Management Inc. bought a new position in T. Rowe Price Capital Appreciation Equity ETF in the 4th quarter worth about $5,667,000. DKM Wealth Management Inc. grew its stake in T. Rowe Price Capital Appreciation Equity ETF by 8.0% in the fourth quarter. DKM Wealth Management Inc. now owns 410,943 shares of the company’s stock worth $15,706,000 after purchasing an additional 30,545 shares in the last quarter. HighTower Advisors LLC increased its holdings in T. Rowe Price Capital Appreciation Equity ETF by 10.6% during the 3rd quarter. HighTower Advisors LLC now owns 253,900 shares of the company’s stock worth $9,572,000 after purchasing an additional 24,335 shares during the period. Allworth Financial LP increased its holdings in T. Rowe Price Capital Appreciation Equity ETF by 6.3% during the 3rd quarter. Allworth Financial LP now owns 286,735 shares of the company’s stock worth $10,810,000 after purchasing an additional 17,115 shares during the period. Finally, United Advisor Group LLC raised its position in T. Rowe Price Capital Appreciation Equity ETF by 42.4% during the 4th quarter. United Advisor Group LLC now owns 70,021 shares of the company’s stock valued at $2,676,000 after purchasing an additional 20,833 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.