Summit Financial Wealth Advisors LLC Acquires New Stake in T. Rowe Price Capital Appreciation Equity ETF $TCAF

Summit Financial Wealth Advisors LLC bought a new stake in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 14,590 shares of the company’s stock, valued at approximately $617,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Monetary Solutions Ltd acquired a new stake in T. Rowe Price Capital Appreciation Equity ETF during the 4th quarter valued at $100,000. Geneos Wealth Management Inc. boosted its stake in T. Rowe Price Capital Appreciation Equity ETF by 36.9% in the first quarter. Geneos Wealth Management Inc. now owns 3,155 shares of the company’s stock worth $112,000 after purchasing an additional 850 shares in the last quarter. Continuum Advisory LLC acquired a new position in T. Rowe Price Capital Appreciation Equity ETF in the second quarter worth $197,000. Brookstone Capital Management acquired a new position in T. Rowe Price Capital Appreciation Equity ETF in the first quarter worth $205,000. Finally, RFG Advisory LLC bought a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the first quarter worth $214,000.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

Shares of TCAF stock traded up $0.15 during trading hours on Thursday, hitting $43.40. 238,843 shares of the company’s stock were exchanged, compared to its average volume of 729,821. T. Rowe Price Capital Appreciation Equity ETF has a 52 week low of $34.43 and a 52 week high of $43.67. The stock has a market cap of $9.08 billion, a price-to-earnings ratio of 29.44 and a beta of 0.94. The stock’s 50-day moving average is $42.71 and its 200-day moving average is $40.89.

About T. Rowe Price Capital Appreciation Equity ETF

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.