NCM Capital Management LLC Boosts Stock Holdings in T. Rowe Price Capital Appreciation Premium Income ETF $TCAL

NCM Capital Management LLC raised its position in shares of T. Rowe Price Capital Appreciation Premium Income ETF (NYSEARCA:TCAL) by 34.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 100,242 shares of the company’s stock after acquiring an additional 25,454 shares during the quarter. T. Rowe Price Capital Appreciation Premium Income ETF makes up approximately 0.9% of NCM Capital Management LLC’s portfolio, making the stock its 22nd biggest holding. NCM Capital Management LLC’s holdings in T. Rowe Price Capital Appreciation Premium Income ETF were worth $2,363,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in TCAL. Wealth Enhancement Advisory Services LLC acquired a new position in T. Rowe Price Capital Appreciation Premium Income ETF in the 4th quarter valued at $202,000. Price T Rowe Associates Inc. MD purchased a new stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF during the fourth quarter worth $203,000. IFP Advisors Inc raised its position in shares of T. Rowe Price Capital Appreciation Premium Income ETF by 936.1% in the fourth quarter. IFP Advisors Inc now owns 9,325 shares of the company’s stock valued at $220,000 after buying an additional 8,425 shares during the last quarter. Aprio Wealth Management LLC acquired a new stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF in the fourth quarter valued at about $238,000. Finally, Royal Bank of Canada purchased a new position in shares of T. Rowe Price Capital Appreciation Premium Income ETF in the fourth quarter worth about $249,000.

T. Rowe Price Capital Appreciation Premium Income ETF Stock Performance

NYSEARCA:TCAL opened at $22.09 on Friday. The company has a market cap of $275.02 million, a P/E ratio of 25.37 and a beta of 0.27. T. Rowe Price Capital Appreciation Premium Income ETF has a twelve month low of $21.73 and a twelve month high of $29.81. The company’s 50-day moving average price is $22.36 and its 200-day moving average price is $23.10.

About T. Rowe Price Capital Appreciation Premium Income ETF

The T. Rowe Price Capital Appreciation Premium Income ETF (TCAL) is an exchange-traded fund managed by T. Rowe Price. The fund aims to provide regular distributions while seeking capital preservation and potential for capital appreciation. It achieves this by investing primarily in U.S. equities and employing a covered call options strategy. This approach involves writing call options on individual stocks to generate income through premiums, which can enhance current income and help offset potential downside risks.