T. Rowe Price Capital Appreciation Equity ETF $TCAF Stock: Paragon Advisors LLC Trims Position

Paragon Advisors LLC lessened its holdings in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 10.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 147,153 shares of the company’s stock after selling 16,877 shares during the period. T. Rowe Price Capital Appreciation Equity ETF accounts for approximately 1.1% of Paragon Advisors LLC’s holdings, making the stock its 18th largest holding. Paragon Advisors LLC’s holdings in T. Rowe Price Capital Appreciation Equity ETF were worth $6,220,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Root Financial Partners LLC purchased a new position in shares of T. Rowe Price Capital Appreciation Equity ETF during the 3rd quarter worth $61,000. Geneos Wealth Management Inc. raised its holdings in T. Rowe Price Capital Appreciation Equity ETF by 36.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 3,155 shares of the company’s stock valued at $112,000 after buying an additional 850 shares during the period. Continuum Advisory LLC acquired a new position in T. Rowe Price Capital Appreciation Equity ETF in the second quarter valued at about $197,000. Fragasso Financial Advisors Inc acquired a new position in T. Rowe Price Capital Appreciation Equity ETF in the third quarter valued at about $218,000. Finally, Global Assets Advisory LLC acquired a new position in T. Rowe Price Capital Appreciation Equity ETF in the third quarter valued at about $217,000.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

Shares of TCAF stock opened at $42.27 on Monday. The firm has a market cap of $7.91 billion, a PE ratio of 29.44 and a beta of 0.93. The company has a 50-day moving average of $42.86 and a two-hundred day moving average of $40.28. T. Rowe Price Capital Appreciation Equity ETF has a 1-year low of $34.43 and a 1-year high of $43.88.

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.