Congress Wealth Management LLC DE Buys New Position in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

Congress Wealth Management LLC DE purchased a new position in shares of T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) during the fourth quarter, Holdings Channel.com reports. The fund purchased 7,284 shares of the company’s stock, valued at approximately $242,000.

Other hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF during the 4th quarter worth approximately $150,214,000. Strategic Financial Concepts LLC increased its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 4,077.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 3,068,111 shares of the company’s stock worth $102,076,000 after acquiring an additional 2,994,664 shares during the period. LPL Financial LLC raised its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 48.6% in the fourth quarter. LPL Financial LLC now owns 7,155,924 shares of the company’s stock valued at $238,078,000 after acquiring an additional 2,339,777 shares in the last quarter. McCarthy & Cox boosted its holdings in T. Rowe Price Capital Appreciation Equity ETF by 228.4% in the fourth quarter. McCarthy & Cox now owns 825,596 shares of the company’s stock valued at $27,468,000 after purchasing an additional 574,200 shares during the period. Finally, Commonwealth Equity Services LLC grew its stake in T. Rowe Price Capital Appreciation Equity ETF by 13.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 3,425,021 shares of the company’s stock worth $113,950,000 after purchasing an additional 409,145 shares in the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

TCAF stock opened at $32.19 on Friday. The business’s 50-day moving average is $33.58 and its two-hundred day moving average is $33.56. The firm has a market capitalization of $3.38 billion, a P/E ratio of 30.18 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.