ORBA Wealth Advisors L.L.C. Sells 49,320 Shares of T. Rowe Price Capital Appreciation Equity ETF $TCAF

ORBA Wealth Advisors L.L.C. lessened its stake in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 47.7% in the second quarter, HoldingsChannel reports. The fund owned 54,138 shares of the company’s stock after selling 49,320 shares during the period. T. Rowe Price Capital Appreciation Equity ETF makes up about 1.7% of ORBA Wealth Advisors L.L.C.’s portfolio, making the stock its 22nd biggest position. ORBA Wealth Advisors L.L.C.’s holdings in T. Rowe Price Capital Appreciation Equity ETF were worth $1,910,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of New York Mellon Corp raised its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 82.0% during the first quarter. Bank of New York Mellon Corp now owns 1,826,524 shares of the company’s stock valued at $58,960,000 after acquiring an additional 822,877 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 47.6% during the first quarter. Envestnet Asset Management Inc. now owns 344,715 shares of the company’s stock valued at $11,127,000 after acquiring an additional 111,186 shares during the last quarter. IFP Advisors Inc raised its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 4,438.0% during the first quarter. IFP Advisors Inc now owns 22,690 shares of the company’s stock valued at $732,000 after acquiring an additional 22,190 shares during the last quarter. Lincoln Capital Corp raised its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 3.1% during the second quarter. Lincoln Capital Corp now owns 77,134 shares of the company’s stock valued at $2,721,000 after acquiring an additional 2,355 shares during the last quarter. Finally, CWM LLC raised its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 7.9% during the second quarter. CWM LLC now owns 52,026 shares of the company’s stock valued at $1,835,000 after acquiring an additional 3,792 shares during the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Trading Down 0.6%

Shares of NYSEARCA:TCAF opened at $38.51 on Wednesday. The company has a market cap of $6.03 billion, a price-to-earnings ratio of 29.44 and a beta of 0.91. The company has a 50-day moving average price of $37.71 and a 200-day moving average price of $35.71. T. Rowe Price Capital Appreciation Equity ETF has a 12 month low of $28.28 and a 12 month high of $39.34.

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.