Southland Equity Partners LLC Makes New Investment in T. Rowe Price Capital Appreciation Premium Income ETF $TCAL

Southland Equity Partners LLC purchased a new stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF (NYSEARCA:TCAL) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 101,315 shares of the company’s stock, valued at approximately $2,471,000. Southland Equity Partners LLC owned about 1.76% of T. Rowe Price Capital Appreciation Premium Income ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in TCAL. Pinnacle Wealth Management LLC bought a new stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF during the second quarter worth $2,945,000. Stratos Wealth Advisors LLC bought a new stake in T. Rowe Price Capital Appreciation Premium Income ETF during the 2nd quarter worth $1,034,000. Yarger Wealth Strategies LLC acquired a new position in T. Rowe Price Capital Appreciation Premium Income ETF in the 2nd quarter worth about $930,000. Lowe Wealth Advisors LLC bought a new position in T. Rowe Price Capital Appreciation Premium Income ETF in the second quarter valued at about $878,000. Finally, Jane Street Group LLC acquired a new stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF during the first quarter valued at about $657,000.

T. Rowe Price Capital Appreciation Premium Income ETF Stock Performance

Shares of NYSEARCA:TCAL opened at $23.80 on Wednesday. T. Rowe Price Capital Appreciation Premium Income ETF has a 52 week low of $23.24 and a 52 week high of $29.81. The firm has a market cap of $163.03 million, a PE ratio of 25.37 and a beta of 0.92. The firm’s fifty day moving average is $24.00 and its 200-day moving average is $24.39.

T. Rowe Price Capital Appreciation Premium Income ETF Company Profile

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.