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

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 261,936 shares, an increase of 34.5% from the December 15th total of 194,786 shares. Based on an average daily trading volume, of 786,422 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 786,422 shares, the days-to-cover ratio is presently 0.3 days.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

Shares of TCAF remained flat at $38.69 during mid-day trading on Friday. 945,319 shares of the stock traded hands, compared to its average volume of 1,020,974. The company has a market capitalization of $6.49 billion, a P/E ratio of 29.44 and a beta of 0.91. The firm’s fifty day simple moving average is $38.34 and its 200 day simple moving average is $37.52. T. Rowe Price Capital Appreciation Equity ETF has a 12-month low of $28.28 and a 12-month high of $39.34.

Institutional Investors Weigh In On T. Rowe Price Capital Appreciation Equity ETF

A number of large investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its position in T. Rowe Price Capital Appreciation Equity ETF by 3,475.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,076,667 shares of the company’s stock worth $78,290,000 after acquiring an additional 2,018,580 shares during the period. Ameriprise Financial Inc. raised its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 17,883.1% in the third quarter. Ameriprise Financial Inc. now owns 1,170,701 shares of the company’s stock worth $44,142,000 after purchasing an additional 1,164,191 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 19.3% in the second 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 during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 17.1% during the third quarter. Commonwealth Equity Services LLC now owns 4,993,270 shares of the company’s stock worth $188,246,000 after purchasing an additional 730,560 shares during the period. Finally, TTP Investments Inc. boosted its position in T. Rowe Price Capital Appreciation Equity ETF by 50.6% in the second quarter. TTP Investments Inc. now owns 1,653,432 shares of the company’s stock valued at $58,333,000 after buying an additional 555,277 shares during the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Company Profile

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.