Concurrent Investment Advisors LLC Purchases 42,442 Shares of T. Rowe Price Capital Appreciation Premium Income ETF $TCAL

Concurrent Investment Advisors LLC grew its position in shares of T. Rowe Price Capital Appreciation Premium Income ETF (NYSEARCA:TCAL) by 521.6% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 50,579 shares of the company’s stock after buying an additional 42,442 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in T. Rowe Price Capital Appreciation Premium Income ETF were worth $1,234,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Global Retirement Partners LLC bought a new position in shares of T. Rowe Price Capital Appreciation Premium Income ETF in the third quarter valued at approximately $50,000. Steward Partners Investment Advisory LLC purchased a new position in T. Rowe Price Capital Appreciation Premium Income ETF in the second quarter worth $288,000. 4J Wealth Management LLC bought a new position in T. Rowe Price Capital Appreciation Premium Income ETF in the 2nd quarter valued at $329,000. Lighthouse Wealth Management Inc. purchased a new stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF during the 2nd quarter valued at $619,000. Finally, NCM Capital Management LLC bought a new stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF during the 2nd quarter worth $639,000.

T. Rowe Price Capital Appreciation Premium Income ETF Stock Performance

Shares of NYSEARCA:TCAL opened at $24.08 on Friday. The company has a market capitalization of $223.94 million, a P/E ratio of 25.37 and a beta of 0.92. The company’s 50-day moving average is $23.87 and its 200 day moving average is $24.29. T. Rowe Price Capital Appreciation Premium Income ETF has a fifty-two week low of $23.24 and a fifty-two week high of $29.81.

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.