Avantax Advisory Services Inc. Increases Position in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

Avantax Advisory Services Inc. grew its holdings in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 45.4% during the fourth quarter, HoldingsChannel reports. The firm owned 13,019 shares of the company’s stock after acquiring an additional 4,065 shares during the period. Avantax Advisory Services Inc.’s holdings in T. Rowe Price Capital Appreciation Equity ETF were worth $433,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in TCAF. Jane Street Group LLC acquired a new position in T. Rowe Price Capital Appreciation Equity ETF during the third quarter worth $1,422,000. Bank of New York Mellon Corp raised its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 2.3% during the 4th quarter. Bank of New York Mellon Corp now owns 1,003,647 shares of the company’s stock worth $33,391,000 after acquiring an additional 22,940 shares during the period. HighTower Advisors LLC boosted its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 11.8% during the 3rd quarter. HighTower Advisors LLC now owns 154,477 shares of the company’s stock valued at $5,138,000 after acquiring an additional 16,347 shares during the last quarter. Raymond James Trust N.A. grew its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 9.2% in the third quarter. Raymond James Trust N.A. now owns 9,425 shares of the company’s stock valued at $313,000 after purchasing an additional 795 shares during the period. Finally, Truist Financial Corp increased its position in T. Rowe Price Capital Appreciation Equity ETF by 21.1% during the fourth quarter. Truist Financial Corp now owns 42,938 shares of the company’s stock worth $1,429,000 after purchasing an additional 7,473 shares during the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

NYSEARCA:TCAF opened at $32.72 on Monday. The company’s 50-day moving average is $33.65 and its two-hundred day moving average is $33.53. T. Rowe Price Capital Appreciation Equity ETF has a 1-year low of $28.80 and a 1-year high of $34.85. The firm has a market capitalization of $3.43 billion, a price-to-earnings ratio of 30.18 and a beta of 0.93.

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.