Independent Advisor Alliance Makes New $1.63 Million Investment in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

Independent Advisor Alliance bought a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 49,117 shares of the company’s stock, valued at approximately $1,634,000. Independent Advisor Alliance owned approximately 0.11% of T. Rowe Price Capital Appreciation Equity ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Global Wealth Strategies & Associates purchased a new position in T. Rowe Price Capital Appreciation Equity ETF during the fourth quarter valued at approximately $27,000. Assetmark Inc. bought a new position in T. Rowe Price Capital Appreciation Equity ETF in the 3rd quarter valued at $48,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of T. Rowe Price Capital Appreciation Equity ETF during the 4th quarter valued at $82,000. MidAtlantic Capital Management Inc. bought a new position in shares of T. Rowe Price Capital Appreciation Equity ETF in the third quarter worth $153,000. Finally, Summit Asset Management LLC purchased a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF in the fourth quarter worth $235,000.

T. Rowe Price Capital Appreciation Equity ETF Stock Performance

NYSEARCA:TCAF opened at $32.45 on Friday. T. Rowe Price Capital Appreciation Equity ETF has a 52-week low of $28.80 and a 52-week high of $34.85. The stock has a fifty day moving average of $33.74 and a 200 day moving average of $33.51. The firm has a market capitalization of $3.33 billion, a price-to-earnings ratio of 33.64 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.