Creative Planning Increases Stake in T. Rowe Price Capital Appreciation Equity ETF

Creative Planning has increased its investment in the T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF – Free Report) by 25.7% during the third quarter, according to a recent Form 13F filing with the Securities and Exchange Commission. After adding 2,773 shares, Creative Planning now holds a total of 13,544 shares in this ETF, valued at approximately $450,000 as per the latest filing.

Other institutional investors have also adjusted their positions in the TCAF. For instance, WASHINGTON TRUST Co raised its holdings in TCAF by 78.6% in the second quarter, owning 875 shares valued at around $27,000 after acquiring an additional 385 shares. Meanwhile, EverSource Wealth Advisors LLC entered a new position worth approximately $29,000 in the same quarter. Other notable purchases include Annapolis Financial Services LLC with a stake valued at $78,000, and PCG Wealth Advisors LLC, which acquired a position worth about $214,000 during the second quarter. Additionally, Concourse Financial Group Securities Inc. invested $114,000 in TCAF in the first quarter.

T. Rowe Price Capital Appreciation Equity ETF Performance

The TCAF shares opened at $33.92 on Thursday, reflecting a 12-month low of $25.26 and a high of $33.93. The ETF maintains a 50-day moving average of $32.93 and a 200-day moving average of $31.75. The current market capitalization stands at $1.55 billion, while the P/E ratio is 29.74 and its beta is 0.93, indicating moderate volatility compared to the market.

Overview of T. Rowe Price Capital Appreciation Equity ETF

The T. Rowe Price Capital Appreciation Equity ETF (TCAF) operates as an exchange-traded fund focusing primarily on large-cap equities. This actively managed fund aims to invest in high-quality stocks from U.S. large-cap companies that are expected to show significant capital growth potential.

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If you're interested in exploring what other hedge funds are holding in TCAF, you can visit HoldingsChannel.com for the latest 13F filings and insider trades related to T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF – Free Report).

investment, ETF, stocks