T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Sees Large Volume Increase

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) saw strong trading volume on Tuesday . 826,111 shares traded hands during mid-day trading, an increase of 63% from the previous session’s volume of 507,596 shares.The stock last traded at $32.92 and had previously closed at $33.25.

T. Rowe Price Capital Appreciation Equity ETF Stock Performance

The stock has a market capitalization of $1.51 billion, a PE ratio of 29.74 and a beta of 0.93. The stock’s 50-day moving average price is $32.10 and its two-hundred day moving average price is $31.11.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Strategic Financial Concepts LLC boosted its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 5,222.4% in the 2nd quarter. Strategic Financial Concepts LLC now owns 2,186,662 shares of the company’s stock worth $68,683,000 after purchasing an additional 2,145,578 shares in the last quarter. Consolidated Planning Corp purchased a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF in the first quarter worth $32,946,000. Commonwealth Equity Services LLC raised its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 76.6% in the 2nd quarter. Commonwealth Equity Services LLC now owns 2,489,757 shares of the company’s stock worth $78,203,000 after purchasing an additional 1,079,616 shares during the last quarter. LPL Financial LLC raised its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 45.0% in the 2nd quarter. LPL Financial LLC now owns 3,389,907 shares of the company’s stock worth $106,477,000 after purchasing an additional 1,051,666 shares during the last quarter. Finally, TTP Investments Inc. purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF during the 2nd quarter valued at about $30,878,000.

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.