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

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $37.10 and last traded at $37.01, with a volume of 44986 shares trading hands. The stock had previously closed at $37.00.

T. Rowe Price Capital Appreciation Equity ETF Stock Down 0.1%

The stock has a market capitalization of $5.25 billion, a PE ratio of 29.44 and a beta of 0.91. The stock has a fifty day moving average of $35.61 and a 200-day moving average of $33.73.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of TCAF. Tower Research Capital LLC TRC purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF during the 4th quarter worth about $39,000. Farther Finance Advisors LLC lifted its holdings in T. Rowe Price Capital Appreciation Equity ETF by 612.5% during the 1st quarter. Farther Finance Advisors LLC now owns 1,995 shares of the company’s stock worth $65,000 after buying an additional 1,715 shares during the last quarter. Accordant Advisory Group Inc purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF during the 2nd quarter worth about $122,000. Steward Partners Investment Advisory LLC lifted its holdings in T. Rowe Price Capital Appreciation Equity ETF by 13.8% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 3,653 shares of the company’s stock worth $129,000 after buying an additional 443 shares during the last quarter. Finally, Ameriflex Group Inc. purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF during the 4th quarter worth about $153,000.

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.