Parsons Capital Management Inc. RI Raises Stock Position in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

Parsons Capital Management Inc. RI boosted its position in shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 2.3% in the fourth quarter, HoldingsChannel reports. The fund owned 307,949 shares of the company’s stock after purchasing an additional 6,782 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in T. Rowe Price Capital Appreciation Equity ETF were worth $10,245,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Global Wealth Strategies & Associates acquired a new position in T. Rowe Price Capital Appreciation Equity ETF during the 4th quarter valued at approximately $27,000. EverSource Wealth Advisors LLC purchased a new position in T. Rowe Price Capital Appreciation Equity ETF in the 2nd quarter worth $29,000. Assetmark Inc. purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF during the 3rd quarter valued at about $48,000. Keener Financial Planning LLC acquired a new position in shares of T. Rowe Price Capital Appreciation Equity ETF in the third quarter valued at about $49,000. Finally, MidAtlantic Capital Management Inc. purchased a new position in shares of T. Rowe Price Capital Appreciation Equity ETF in the third quarter worth about $153,000.

T. Rowe Price Capital Appreciation Equity ETF Stock Down 0.2 %

Shares of NYSEARCA TCAF opened at $34.54 on Monday. T. Rowe Price Capital Appreciation Equity ETF has a 52 week low of $27.93 and a 52 week high of $34.74. The business’s 50 day moving average price is $33.90 and its 200 day moving average price is $33.05. The firm has a market cap of $1.58 billion, a P/E ratio of 29.74 and a beta of 0.93.

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.