T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Sees Large Drop in Short Interest

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAFGet Free Report) saw a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 85,584 shares, a decline of 78.2% from the April 30th total of 392,884 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 665,990 shares, the short-interest ratio is presently 0.1 days.

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

NYSEARCA:TCAF traded up $0.13 during trading hours on Friday, hitting $41.11. 406,822 shares of the company were exchanged, compared to its average volume of 862,264. The company has a fifty day simple moving average of $38.30 and a 200 day simple moving average of $38.11. T. Rowe Price Capital Appreciation Equity ETF has a one year low of $33.19 and a one year high of $41.16. The stock has a market capitalization of $7.37 billion, a price-to-earnings ratio of 29.44 and a beta of 0.94.

Institutional Trading of T. Rowe Price Capital Appreciation Equity ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. acquired a new position in shares of T. Rowe Price Capital Appreciation Equity ETF in the 2nd quarter valued at about $2,049,000. Brown Advisory Inc. bought a new stake in T. Rowe Price Capital Appreciation Equity ETF in the second quarter valued at $216,000. Qube Research & Technologies Ltd acquired a new position in shares of T. Rowe Price Capital Appreciation Equity ETF during the second quarter valued at about $1,398,000. Raymond James Financial Inc. boosted its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 19.3% during the 2nd quarter. Raymond James Financial Inc. now owns 5,351,355 shares of the company’s stock worth $188,796,000 after purchasing an additional 865,066 shares in the last quarter. Finally, NCM Capital Management LLC boosted its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 12.8% during the 2nd quarter. NCM Capital Management LLC now owns 169,122 shares of the company’s stock worth $5,974,000 after purchasing an additional 19,220 shares in the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Company Profile

(Get Free Report)

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.

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