Janney Montgomery Scott LLC Reduces Stock Position in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

Janney Montgomery Scott LLC trimmed its stake in shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 66.5% in the 4th quarter, Holdings Channel reports. The firm owned 369,797 shares of the company’s stock after selling 735,233 shares during the period. Janney Montgomery Scott LLC’s holdings in T. Rowe Price Capital Appreciation Equity ETF were worth $12,303,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TCAF. Raymond James & Associates raised its stake in T. Rowe Price Capital Appreciation Equity ETF by 29.0% during the 3rd quarter. Raymond James & Associates now owns 658,571 shares of the company’s stock valued at $21,897,000 after buying an additional 148,102 shares during the last quarter. Creative Planning lifted its holdings in T. Rowe Price Capital Appreciation Equity ETF by 25.7% in the third quarter. Creative Planning now owns 13,544 shares of the company’s stock valued at $450,000 after acquiring an additional 2,773 shares during the period. Good Life Advisors LLC boosted its position in T. Rowe Price Capital Appreciation Equity ETF by 62.9% in the third quarter. Good Life Advisors LLC now owns 83,548 shares of the company’s stock worth $2,778,000 after purchasing an additional 32,254 shares during the last quarter. Jane Street Group LLC purchased a new position in T. Rowe Price Capital Appreciation Equity ETF in the third quarter worth about $1,422,000. Finally, Assetmark Inc. bought a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the 3rd quarter valued at about $48,000.

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

Shares of NYSEARCA:TCAF opened at $34.54 on Monday. The stock has a market capitalization of $1.58 billion, a PE ratio of 29.74 and a beta of 0.93. The firm’s 50 day moving average price is $33.90 and its 200-day moving average price is $33.05. T. Rowe Price Capital Appreciation Equity ETF has a twelve month low of $27.93 and a twelve month high of $34.74.

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.