SK Wealth Management LLC lowered its position in T. Rowe Price Capital Appreciation Premium Income ETF (NYSEARCA:TCAL – Free Report) by 66.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,635 shares of the company’s stock after selling 67,468 shares during the quarter. SK Wealth Management LLC owned approximately 0.60% of T. Rowe Price Capital Appreciation Premium Income ETF worth $822,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also modified their holdings of TCAL. Concurrent Investment Advisors LLC acquired a new stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF during the second quarter worth about $201,000. Steward Partners Investment Advisory LLC purchased a new position in T. Rowe Price Capital Appreciation Premium Income ETF during the second quarter worth about $288,000. 4J Wealth Management LLC acquired a new stake in T. Rowe Price Capital Appreciation Premium Income ETF in the second quarter valued at about $329,000. Lighthouse Wealth Management Inc. acquired a new stake in T. Rowe Price Capital Appreciation Premium Income ETF in the second quarter valued at about $619,000. Finally, NCM Capital Management LLC purchased a new stake in T. Rowe Price Capital Appreciation Premium Income ETF in the 2nd quarter valued at approximately $639,000.
T. Rowe Price Capital Appreciation Premium Income ETF Trading Up 0.1%
Shares of TCAL stock opened at $23.87 on Friday. T. Rowe Price Capital Appreciation Premium Income ETF has a 12-month low of $23.24 and a 12-month high of $29.81. The stock has a 50 day simple moving average of $24.02 and a 200-day simple moving average of $24.40. The company has a market cap of $163.51 million, a price-to-earnings ratio of 25.37 and a beta of 0.92.
About T. Rowe Price Capital Appreciation Premium Income ETF
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.
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