IFP Advisors Inc Increases Position in T. Rowe Price Capital Appreciation Equity ETF $TCAF

IFP Advisors Inc lifted its holdings in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 148.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,645 shares of the company’s stock after purchasing an additional 38,618 shares during the period. IFP Advisors Inc’s holdings in T. Rowe Price Capital Appreciation Equity ETF were worth $2,471,000 as of its most recent filing with the Securities & Exchange Commission.

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

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

NYSEARCA:TCAF opened at $40.37 on Friday. T. Rowe Price Capital Appreciation Equity ETF has a 12 month low of $32.83 and a 12 month high of $40.53. The stock has a 50 day moving average of $37.90 and a two-hundred day moving average of $38.03. The firm has a market cap of $7.24 billion, a P/E ratio of 29.44 and a beta of 0.94.

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.