T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Reaches New 52-Week High – What’s Next?

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $40.03 and last traded at $39.96, with a volume of 593791 shares traded. The stock had previously closed at $39.62.

T. Rowe Price Capital Appreciation Equity ETF Stock Performance

The business has a fifty day moving average price of $37.34 and a 200 day moving average price of $37.92. The company has a market capitalization of $7.17 billion, a PE ratio of 29.44 and a beta of 0.94.

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

Several hedge funds have recently modified their holdings of TCAF. JPMorgan Chase & Co. purchased a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the 2nd quarter valued at about $2,049,000. Brown Advisory Inc. purchased a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the 2nd quarter valued at about $216,000. Qube Research & Technologies Ltd purchased a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the 2nd quarter valued at about $1,398,000. Raymond James Financial Inc. raised its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 19.3% during the 2nd quarter. Raymond James Financial Inc. now owns 5,351,355 shares of the company’s stock valued at $188,796,000 after buying an additional 865,066 shares during the period. Finally, NCM Capital Management LLC raised its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 12.8% during the 2nd quarter. NCM Capital Management LLC now owns 169,122 shares of the company’s stock valued at $5,974,000 after buying an additional 19,220 shares during the period.

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.