GGM Financials LLC Invests $570,000 in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

GGM Financials LLC bought a new position in shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 18,149 shares of the company’s stock, valued at approximately $570,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TCAF. Osaic Holdings Inc. grew its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 15.9% in the first quarter. Osaic Holdings Inc. now owns 1,448,605 shares of the company’s stock valued at $43,791,000 after purchasing an additional 198,224 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in T. Rowe Price Capital Appreciation Equity ETF by 40.6% in the first quarter. Commonwealth Equity Services LLC now owns 1,410,141 shares of the company’s stock valued at $42,629,000 after purchasing an additional 407,185 shares during the period. Consolidated Planning Corp purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF during the 1st quarter worth about $32,946,000. Janney Montgomery Scott LLC increased its holdings in T. Rowe Price Capital Appreciation Equity ETF by 9.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 1,040,630 shares of the company’s stock worth $31,458,000 after purchasing an additional 86,672 shares during the period. Finally, TTP Investments Inc. acquired a new stake in T. Rowe Price Capital Appreciation Equity ETF in the 2nd quarter valued at about $30,878,000.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

Shares of T. Rowe Price Capital Appreciation Equity ETF stock traded up $0.26 on Friday, reaching $32.63. 338,221 shares of the company were exchanged, compared to its average volume of 515,495. The company has a market cap of $1.49 billion, a P/E ratio of 29.74 and a beta of 0.93. T. Rowe Price Capital Appreciation Equity ETF has a 1-year low of $23.95 and a 1-year high of $32.72. The stock’s 50 day moving average price is $31.77 and its 200-day moving average price is $30.63.

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.