Concourse Financial Group Securities Inc. Increases Stake in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

Concourse Financial Group Securities Inc. increased its position in shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 94.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 12,824 shares of the company’s stock after purchasing an additional 6,216 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in T. Rowe Price Capital Appreciation Equity ETF were worth $442,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TCAF. Global Wealth Strategies & Associates purchased a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the fourth quarter valued at $27,000. CIBC Private Wealth Group LLC boosted its position in T. Rowe Price Capital Appreciation Equity ETF by 44.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 981 shares of the company’s stock valued at $33,000 after buying an additional 301 shares during the period. Tortoise Investment Management LLC purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF in the 4th quarter valued at about $34,000. Comprehensive Financial Planning Inc. PA bought a new position in T. Rowe Price Capital Appreciation Equity ETF in the 4th quarter worth about $82,000. Finally, Hopwood Financial Services Inc. purchased a new position in shares of T. Rowe Price Capital Appreciation Equity ETF during the fourth quarter worth approximately $205,000.

T. Rowe Price Capital Appreciation Equity ETF Stock Performance

Shares of NYSEARCA TCAF opened at $29.73 on Tuesday. T. Rowe Price Capital Appreciation Equity ETF has a 52-week low of $28.28 and a 52-week high of $34.85. The firm has a market capitalization of $3.59 billion, a price-to-earnings ratio of 27.17 and a beta of 0.93. The stock has a 50 day moving average price of $32.31 and a 200 day moving average price of $33.30.

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.