T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Short Interest Update

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 810,176 shares, an increase of 56.6% from the July 15th total of 517,512 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average trading volume of 541,833 shares, the short-interest ratio is presently 1.5 days.

T. Rowe Price Capital Appreciation Equity ETF Trading Down 0.9%

T. Rowe Price Capital Appreciation Equity ETF stock opened at $42.27 on Wednesday. The firm has a market cap of $8.17 billion, a P/E ratio of 29.44 and a beta of 0.93. T. Rowe Price Capital Appreciation Equity ETF has a 1-year low of $34.43 and a 1-year high of $43.13. The firm has a 50-day moving average of $41.33 and a 200-day moving average of $39.29.

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

Several institutional investors and hedge funds have recently bought and sold shares of TCAF. Huntington National Bank purchased a new position in shares of T. Rowe Price Capital Appreciation Equity ETF during the fourth quarter valued at approximately $32,000. Litman Gregory Wealth Management LLC purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF in the fourth quarter worth $40,000. Dougherty Wealth Advisers LLC bought a new stake in T. Rowe Price Capital Appreciation Equity ETF in the fourth quarter valued at $50,000. Rossby Financial LCC bought a new stake in T. Rowe Price Capital Appreciation Equity ETF in the fourth quarter valued at $54,000. Finally, Geneos Wealth Management Inc. increased its position in T. Rowe Price Capital Appreciation Equity ETF by 243.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,595 shares of the company’s stock valued at $56,000 after purchasing an additional 1,130 shares during the period.

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.