T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Sees Unusually-High Trading Volume – Here’s Why

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) shares saw strong trading volume on Thursday . 1,224,483 shares traded hands during trading, an increase of 45% from the previous session’s volume of 841,697 shares.The stock last traded at $38.7650 and had previously closed at $38.53.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

The company has a market cap of $6.47 billion, a price-to-earnings ratio of 29.44 and a beta of 0.91. The company has a fifty day simple moving average of $38.34 and a two-hundred day simple moving average of $37.52.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. True Wealth Design LLC purchased a new position in shares of T. Rowe Price Capital Appreciation Equity ETF during the 3rd quarter worth approximately $26,000. Fifth Third Bancorp purchased a new position in T. Rowe Price Capital Appreciation Equity ETF during the third quarter worth $36,000. Blue Trust Inc. acquired a new position in shares of T. Rowe Price Capital Appreciation Equity ETF in the third quarter worth $47,000. Root Financial Partners LLC purchased a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF in the third quarter valued at $52,000. Finally, Geneos Wealth Management Inc. boosted its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 243.0% during the second quarter. Geneos Wealth Management Inc. now owns 1,595 shares of the company’s stock valued at $56,000 after acquiring an additional 1,130 shares during 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.