Cornerstone Advisory LLC Has $17.31 Million Holdings in T. Rowe Price Capital Appreciation Equity ETF $TCAF

Cornerstone Advisory LLC trimmed its position in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 10.9% in the first quarter, according to its most recent filing with the SEC. The fund owned 486,460 shares of the company’s stock after selling 59,620 shares during the period. T. Rowe Price Capital Appreciation Equity ETF accounts for approximately 1.6% of Cornerstone Advisory LLC’s investment portfolio, making the stock its 18th biggest position. Cornerstone Advisory LLC owned 0.27% of T. Rowe Price Capital Appreciation Equity ETF worth $17,313,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. acquired a new position in T. Rowe Price Capital Appreciation Equity ETF in the 2nd quarter worth about $2,049,000. Brown Advisory Inc. bought a new position in T. Rowe Price Capital Appreciation Equity ETF in the second quarter valued at about $216,000. Qube Research & Technologies Ltd acquired a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the second quarter valued at about $1,398,000. Raymond James Financial Inc. boosted its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 19.3% during the second 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 grew its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 12.8% during the second quarter. NCM Capital Management LLC now owns 169,122 shares of the company’s stock worth $5,974,000 after purchasing an additional 19,220 shares during the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Trading Up 0.1%

NYSEARCA:TCAF opened at $41.64 on Wednesday. The stock’s 50-day moving average is $40.57 and its 200-day moving average is $38.69. T. Rowe Price Capital Appreciation Equity ETF has a 1-year low of $34.43 and a 1-year high of $41.93. The stock has a market cap of $7.62 billion, a P/E ratio of 29.44 and a beta of 0.94.

T. Rowe Price Capital Appreciation Equity ETF 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.