Sugar Maple Asset Management LLC Has $1.39 Million Stock Position in T. Rowe Price Capital Appreciation Equity ETF $TCAF

Sugar Maple Asset Management LLC lowered its position in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 65.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 39,047 shares of the company’s stock after selling 75,467 shares during the period. T. Rowe Price Capital Appreciation Equity ETF accounts for about 0.8% of Sugar Maple Asset Management LLC’s holdings, making the stock its 26th biggest position. Sugar Maple Asset Management LLC’s holdings in T. Rowe Price Capital Appreciation Equity ETF were worth $1,390,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in TCAF. Huntington National Bank acquired a new position in shares of T. Rowe Price Capital Appreciation Equity ETF during the fourth quarter worth approximately $32,000. Litman Gregory Wealth Management LLC acquired a new stake in T. Rowe Price Capital Appreciation Equity ETF in the 4th quarter valued at $40,000. Dougherty Wealth Advisers LLC bought a new stake in T. Rowe Price Capital Appreciation Equity ETF during the 4th quarter valued at $50,000. Rossby Financial LCC bought a new stake in T. Rowe Price Capital Appreciation Equity ETF during the 4th quarter valued at $54,000. Finally, Geneos Wealth Management Inc. raised its holdings in 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 worth $56,000 after buying an additional 1,130 shares during the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

Shares of NYSEARCA TCAF opened at $40.43 on Friday. The company has a 50-day moving average price of $40.01 and a 200-day moving average price of $38.41. The stock has a market capitalization of $7.25 billion, a P/E ratio of 29.44 and a beta of 0.94. T. Rowe Price Capital Appreciation Equity ETF has a 1 year low of $34.43 and a 1 year high of $41.19.

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.