LPL Financial LLC Has $238.08 Million Stake in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

LPL Financial LLC increased its position in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 48.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,155,924 shares of the company’s stock after buying an additional 2,339,777 shares during the period. LPL Financial LLC owned 0.16% of T. Rowe Price Capital Appreciation Equity ETF worth $238,078,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Global Wealth Strategies & Associates acquired a new position in shares of T. Rowe Price Capital Appreciation Equity ETF during the 4th quarter worth $27,000. Tortoise Investment Management LLC acquired a new position in T. Rowe Price Capital Appreciation Equity ETF during the fourth quarter worth $34,000. Comprehensive Financial Planning Inc. PA bought a new position in T. Rowe Price Capital Appreciation Equity ETF during the fourth quarter valued at about $82,000. Hopwood Financial Services Inc. acquired a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF in the fourth quarter worth about $205,000. Finally, Summit Asset Management LLC bought a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the 4th quarter worth about $235,000.

T. Rowe Price Capital Appreciation Equity ETF Stock Performance

Shares of NYSEARCA TCAF opened at $32.72 on Monday. The business’s 50-day simple moving average is $33.65 and its 200-day simple moving average is $33.53. T. Rowe Price Capital Appreciation Equity ETF has a 52 week low of $28.80 and a 52 week high of $34.85. The firm has a market cap of $3.43 billion, a price-to-earnings ratio of 30.18 and a beta of 0.93.

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.