Merit Financial Group LLC Acquires New Position in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

Merit Financial Group LLC acquired a new stake in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 84,302 shares of the company’s stock, valued at approximately $2,805,000.

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

T. Rowe Price Capital Appreciation Equity ETF Stock Performance

Shares of NYSEARCA TCAF opened at $33.81 on Monday. T. Rowe Price Capital Appreciation Equity ETF has a 52-week low of $27.39 and a 52-week high of $34.74. The stock has a market cap of $1.55 billion, a P/E ratio of 29.74 and a beta of 0.93. The firm has a 50 day moving average price of $33.87 and a 200 day moving average price of $32.96.

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.