T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Hits New 52-Week High – Should You Buy?

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $33.31 and last traded at $33.29, with a volume of 135665 shares changing hands. The stock had previously closed at $33.14.

T. Rowe Price Capital Appreciation Equity ETF Stock Up 0.3 %

The stock’s fifty day simple moving average is $32.27 and its 200-day simple moving average is $31.23. The company has a market capitalization of $1.52 billion, a PE ratio of 29.74 and a beta of 0.93.

Hedge Funds Weigh In On T. Rowe Price Capital Appreciation Equity ETF

Hedge funds have recently made changes to their positions in the business. WASHINGTON TRUST Co grew its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 78.6% during the second quarter. WASHINGTON TRUST Co now owns 875 shares of the company’s stock valued at $27,000 after acquiring an additional 385 shares in the last quarter. EverSource Wealth Advisors LLC acquired a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the 2nd quarter worth approximately $29,000. Annapolis Financial Services LLC acquired a new stake in T. Rowe Price Capital Appreciation Equity ETF in the second quarter worth $78,000. Financial Connections Group Inc. lifted its stake in T. Rowe Price Capital Appreciation Equity ETF by 16.7% in the first quarter. Financial Connections Group Inc. now owns 3,501 shares of the company’s stock valued at $106,000 after buying an additional 501 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. acquired a new position in shares of T. Rowe Price Capital Appreciation Equity ETF during the first quarter worth approximately $114,000.

T. Rowe Price Capital Appreciation Equity ETF Company 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.