Short Interest in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Decreases By 44.2%

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totaling 146,289 shares, a drop of 44.2% from the December 31st total of 261,936 shares. Based on an average daily trading volume, of 1,028,591 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,028,591 shares, the short-interest ratio is currently 0.1 days.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Janney Montgomery Scott LLC increased its stake in T. Rowe Price Capital Appreciation Equity ETF by 3.9% during the second quarter. Janney Montgomery Scott LLC now owns 397,391 shares of the company’s stock worth $14,020,000 after acquiring an additional 14,786 shares during the last quarter. Truist Financial Corp grew its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 7.9% during the 2nd quarter. Truist Financial Corp now owns 81,822 shares of the company’s stock worth $2,887,000 after purchasing an additional 6,008 shares during the period. Pacific Financial Group Inc. acquired a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the 2nd quarter worth about $214,000. Tanglewood Wealth Management Inc. raised its holdings in T. Rowe Price Capital Appreciation Equity ETF by 3.8% in the 2nd quarter. Tanglewood Wealth Management Inc. now owns 127,588 shares of the company’s stock valued at $4,501,000 after buying an additional 4,644 shares during the period. Finally, Gutierrez Wealth Advisory LLC boosted its stake in T. Rowe Price Capital Appreciation Equity ETF by 39.5% during the second quarter. Gutierrez Wealth Advisory LLC now owns 17,585 shares of the company’s stock worth $620,000 after buying an additional 4,979 shares during the period.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

NYSEARCA TCAF traded down $0.16 during mid-day trading on Friday, hitting $38.20. The stock had a trading volume of 1,187,079 shares, compared to its average volume of 1,119,564. The firm’s 50 day moving average is $38.39 and its 200 day moving average is $37.73. The stock has a market capitalization of $6.47 billion, a price-to-earnings ratio of 29.44 and a beta of 0.91. T. Rowe Price Capital Appreciation Equity ETF has a twelve month low of $28.28 and a twelve month high of $39.34.

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.