McCarthy Asset Management Inc. Purchases 546,585 Shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

McCarthy Asset Management Inc. increased its position in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 3,904.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 560,583 shares of the company’s stock after purchasing an additional 546,585 shares during the quarter. T. Rowe Price Capital Appreciation Equity ETF makes up 9.9% of McCarthy Asset Management Inc.’s holdings, making the stock its 4th largest position. McCarthy Asset Management Inc. owned about 12.46% of T. Rowe Price Capital Appreciation Equity ETF worth $15,489,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Walkner Condon Financial Advisors LLC bought a new stake in T. Rowe Price Capital Appreciation Equity ETF in the third quarter valued at approximately $310,000. Commonwealth Equity Services LLC acquired a new stake in T. Rowe Price Capital Appreciation Equity ETF during the 3rd quarter valued at $11,831,000. Cambridge Investment Research Advisors Inc. bought a new position in T. Rowe Price Capital Appreciation Equity ETF during the third quarter worth $4,183,000. Stratos Wealth Advisors LLC acquired a new position in shares of T. Rowe Price Capital Appreciation Equity ETF in the third quarter valued at $357,000. Finally, 4J Wealth Management LLC acquired a new position in shares of T. Rowe Price Capital Appreciation Equity ETF in the third quarter valued at $316,000.

T. Rowe Price Capital Appreciation Equity ETF Stock Up 1.0 %

Shares of NYSEARCA TCAF traded up $0.30 during mid-day trading on Friday, reaching $29.58. 429,458 shares of the company were exchanged, compared to its average volume of 518,329. T. Rowe Price Capital Appreciation Equity ETF has a twelve month low of $23.95 and a twelve month high of $30.34. The stock has a market capitalization of $1.31 billion, a P/E ratio of 29.84 and a beta of 0.88. The company’s 50-day simple moving average is $29.67 and its 200-day simple moving average is $27.79.

T. Rowe Price Capital Appreciation Equity ETF Company 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.