Merit Financial Group LLC Raises Stock Holdings in T. Rowe Price Capital Appreciation Equity ETF $TCAF

Merit Financial Group LLC increased its stake in shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 26.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 104,785 shares of the company’s stock after purchasing an additional 22,185 shares during the quarter. Merit Financial Group LLC owned approximately 0.07% of T. Rowe Price Capital Appreciation Equity ETF worth $3,950,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Baird Financial Group Inc. increased its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 7.7% during the 2nd quarter. Baird Financial Group Inc. now owns 2,725,494 shares of the company’s stock worth $96,155,000 after buying an additional 195,072 shares during the last quarter. Allworth Financial LP boosted its holdings in T. Rowe Price Capital Appreciation Equity ETF by 1.9% in the second quarter. Allworth Financial LP now owns 269,620 shares of the company’s stock valued at $9,512,000 after acquiring an additional 5,110 shares during the last quarter. ARS Wealth Advisors Group LLC grew its position in T. Rowe Price Capital Appreciation Equity ETF by 10.0% during the third quarter. ARS Wealth Advisors Group LLC now owns 351,766 shares of the company’s stock valued at $13,262,000 after acquiring an additional 31,877 shares during the period. DAVENPORT & Co LLC increased its stake in T. Rowe Price Capital Appreciation Equity ETF by 14.7% during the third quarter. DAVENPORT & Co LLC now owns 120,397 shares of the company’s stock worth $4,539,000 after acquiring an additional 15,462 shares during the last quarter. Finally, Atria Investments Inc increased its stake in T. Rowe Price Capital Appreciation Equity ETF by 18.9% during the second quarter. Atria Investments Inc now owns 13,265 shares of the company’s stock worth $468,000 after acquiring an additional 2,111 shares during the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

T. Rowe Price Capital Appreciation Equity ETF stock opened at $38.12 on Friday. The company has a market cap of $6.31 billion, a price-to-earnings ratio of 29.44 and a beta of 0.91. T. Rowe Price Capital Appreciation Equity ETF has a 12 month low of $28.28 and a 12 month high of $39.34. The stock’s 50-day moving average is $38.35 and its 200-day moving average is $37.25.

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.