Raymond James Financial Inc. Acquires Shares of 4,514,984 T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

Raymond James Financial Inc. purchased a new position in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 4,514,984 shares of the company’s stock, valued at approximately $150,214,000. Raymond James Financial Inc. owned approximately 0.10% of T. Rowe Price Capital Appreciation Equity ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. AdvisorNet Financial Inc lifted its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 1.6% in the fourth quarter. AdvisorNet Financial Inc now owns 37,486 shares of the company’s stock worth $1,247,000 after buying an additional 605 shares in the last quarter. Lowe Wealth Advisors LLC increased its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 3.9% in the fourth quarter. Lowe Wealth Advisors LLC now owns 16,573 shares of the company’s stock worth $551,000 after purchasing an additional 628 shares during the last quarter. GGM Financials LLC increased its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 3.6% in the fourth quarter. GGM Financials LLC now owns 19,376 shares of the company’s stock worth $645,000 after purchasing an additional 675 shares during the last quarter. ERn Financial LLC increased its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 4.7% in the fourth quarter. ERn Financial LLC now owns 15,947 shares of the company’s stock worth $531,000 after purchasing an additional 722 shares during the last quarter. Finally, Raymond James Trust N.A. increased its position 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 worth $313,000 after purchasing an additional 795 shares during the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Trading Up 0.6 %

TCAF stock opened at $33.02 on Friday. The company’s 50 day moving average is $33.85 and its 200 day moving average is $33.52. The stock has a market cap of $3.39 billion, a price-to-earnings ratio of 33.64 and a beta of 0.93. T. Rowe Price Capital Appreciation Equity ETF has a 1-year low of $28.80 and a 1-year high of $34.85.

T. Rowe Price Capital Appreciation Equity ETF 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.