MTM Investment Management LLC Has $5.61 Million Stock Position in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF)

MTM Investment Management LLC boosted its holdings in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) by 17.6% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 169,238 shares of the company’s stock after acquiring an additional 25,286 shares during the quarter. T. Rowe Price Capital Appreciation Equity ETF accounts for about 2.2% of MTM Investment Management LLC’s investment portfolio, making the stock its 8th largest position. MTM Investment Management LLC owned 0.37% of T. Rowe Price Capital Appreciation Equity ETF worth $5,607,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of TCAF. WASHINGTON TRUST Co grew its position in T. Rowe Price Capital Appreciation Equity ETF by 78.6% during the second quarter. WASHINGTON TRUST Co now owns 875 shares of the company’s stock valued at $27,000 after acquiring an additional 385 shares during the last quarter. EverSource Wealth Advisors LLC bought a new position in shares of T. Rowe Price Capital Appreciation Equity ETF during the 2nd quarter valued at $29,000. Assetmark Inc. purchased a new position in T. Rowe Price Capital Appreciation Equity ETF in the 3rd quarter worth $48,000. Keener Financial Planning LLC bought a new stake in T. Rowe Price Capital Appreciation Equity ETF in the third quarter worth $49,000. Finally, Annapolis Financial Services LLC purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF during the second quarter valued at about $78,000.

T. Rowe Price Capital Appreciation Equity ETF Trading Up 0.3 %

Shares of NYSEARCA:TCAF opened at $33.58 on Wednesday. The stock has a market capitalization of $1.54 billion, a P/E ratio of 29.74 and a beta of 0.93. The stock’s 50-day moving average price is $33.24 and its 200-day moving average price is $32.03. T. Rowe Price Capital Appreciation Equity ETF has a 12-month low of $26.19 and a 12-month high of $34.37.

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.