Janney Montgomery Scott LLC Acquires 30,641 Shares of T. Rowe Price Capital Appreciation Premium Income ETF $TCAL

Janney Montgomery Scott LLC raised its stake in T. Rowe Price Capital Appreciation Premium Income ETF (NYSEARCA:TCAL) by 18.0% in the 1st quarter, Holdings Channel.com reports. The fund owned 200,714 shares of the company’s stock after buying an additional 30,641 shares during the quarter. Janney Montgomery Scott LLC’s holdings in T. Rowe Price Capital Appreciation Premium Income ETF were worth $4,486,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of TCAL. Wealth Enhancement Advisory Services LLC bought a new stake in T. Rowe Price Capital Appreciation Premium Income ETF during the fourth quarter worth about $202,000. Price T Rowe Associates Inc. MD bought a new stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF during the 4th quarter worth approximately $203,000. IFP Advisors Inc lifted its holdings in shares of T. Rowe Price Capital Appreciation Premium Income ETF by 936.1% during the 4th quarter. IFP Advisors Inc now owns 9,325 shares of the company’s stock worth $220,000 after acquiring an additional 8,425 shares during the period. Kestra Private Wealth Services LLC acquired a new stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF during the 1st quarter worth approximately $232,000. Finally, Aprio Wealth Management LLC acquired a new stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF during the 4th quarter worth approximately $238,000.

T. Rowe Price Capital Appreciation Premium Income ETF Price Performance

NYSEARCA TCAL opened at $22.66 on Monday. The business has a fifty day moving average price of $22.24 and a two-hundred day moving average price of $22.99. The stock has a market capitalization of $280.98 million, a PE ratio of 25.37 and a beta of 0.22. T. Rowe Price Capital Appreciation Premium Income ETF has a fifty-two week low of $21.73 and a fifty-two week high of $29.81.

About T. Rowe Price Capital Appreciation Premium Income ETF

The T. Rowe Price Capital Appreciation Premium Income ETF (TCAL) is an exchange-traded fund managed by T. Rowe Price. The fund aims to provide regular distributions while seeking capital preservation and potential for capital appreciation. It achieves this by investing primarily in U.S. equities and employing a covered call options strategy. This approach involves writing call options on individual stocks to generate income through premiums, which can enhance current income and help offset potential downside risks.