Eastern Bank Lowers Stake in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

Eastern Bank reduced its position in shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 1.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 227,554 shares of the company’s stock after selling 2,214 shares during the quarter. Eastern Bank owned 0.50% of T. Rowe Price Capital Appreciation Equity ETF worth $7,571,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. LPL Financial LLC boosted its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 42.1% during the 3rd quarter. LPL Financial LLC now owns 4,816,147 shares of the company’s stock worth $160,137,000 after acquiring an additional 1,426,240 shares in the last quarter. Commonwealth Equity Services LLC raised its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 21.1% during the 3rd quarter. Commonwealth Equity Services LLC now owns 3,015,876 shares of the company’s stock worth $100,278,000 after purchasing an additional 526,119 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 88.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,163,266 shares of the company’s stock worth $38,679,000 after purchasing an additional 545,448 shares during the last quarter. TTP Investments Inc. raised its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 6.6% during the 3rd quarter. TTP Investments Inc. now owns 1,047,752 shares of the company’s stock worth $34,838,000 after purchasing an additional 64,689 shares during the last quarter. Finally, Raymond James & Associates raised its position in shares of 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 worth $21,897,000 after purchasing an additional 148,102 shares during the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Stock Performance

Shares of TCAF traded up $0.05 during mid-day trading on Monday, hitting $33.16. 540,966 shares of the company were exchanged, compared to its average volume of 757,947. T. Rowe Price Capital Appreciation Equity ETF has a 1-year low of $27.24 and a 1-year high of $34.74. The company has a 50 day moving average of $33.89 and a 200-day moving average of $32.89. The stock has a market cap of $1.52 billion, a price-to-earnings ratio of 29.74 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.