Short Interest in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Grows By 430.5%

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 517,512 shares, an increase of 430.5% from the June 30th total of 97,546 shares. Based on an average trading volume of 549,838 shares, the short-interest ratio is presently 0.9 days. Approximately 0.3% of the company’s shares are short sold.

T. Rowe Price Capital Appreciation Equity ETF Trading Down 0.1%

NYSEARCA:TCAF traded down $0.03 on Friday, hitting $40.81. 378,354 shares of the stock were exchanged, compared to its average volume of 811,584. The stock has a fifty day moving average of $40.75 and a 200-day moving average of $38.84. The stock has a market cap of $7.83 billion, a PE ratio of 29.44 and a beta of 0.94. T. Rowe Price Capital Appreciation Equity ETF has a fifty-two week low of $34.43 and a fifty-two week high of $41.93.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of TCAF. Robertson Stephens Wealth Management LLC boosted its position in T. Rowe Price Capital Appreciation Equity ETF by 0.4% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 67,284 shares of the company’s stock worth $2,572,000 after purchasing an additional 296 shares during the period. Geneos Wealth Management Inc. raised its position in T. Rowe Price Capital Appreciation Equity ETF by 15.5% in the fourth quarter. Geneos Wealth Management Inc. now owns 2,305 shares of the company’s stock valued at $88,000 after purchasing an additional 310 shares during the period. Meridian Wealth Management LLC lifted its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 6.1% during the fourth quarter. Meridian Wealth Management LLC now owns 5,728 shares of the company’s stock worth $219,000 after purchasing an additional 330 shares in the last quarter. Creative Planning lifted its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 1.4% during the third quarter. Creative Planning now owns 25,022 shares of the company’s stock worth $943,000 after purchasing an additional 349 shares in the last quarter. Finally, Hopwood Financial Services Inc. boosted its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 4.4% in the first quarter. Hopwood Financial Services Inc. now owns 9,395 shares of the company’s stock worth $334,000 after buying an additional 400 shares during the period.

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.