T. Rowe Price Capital Appreciation Premium Income ETF $TCAL Shares Purchased by Essex Financial Services Inc.

Essex Financial Services Inc. boosted its position in T. Rowe Price Capital Appreciation Premium Income ETF (NYSEARCA:TCAL) by 75.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 121,028 shares of the company’s stock after acquiring an additional 52,085 shares during the quarter. Essex Financial Services Inc. owned 1.21% of T. Rowe Price Capital Appreciation Premium Income ETF worth $2,853,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in TCAL. Jane Street Group LLC purchased a new position in T. Rowe Price Capital Appreciation Premium Income ETF in the first quarter valued at about $657,000. NCM Capital Management LLC purchased a new position in T. Rowe Price Capital Appreciation Premium Income ETF in the second quarter valued at about $639,000. Capital Investment Advisory Services LLC raised its position in T. Rowe Price Capital Appreciation Premium Income ETF by 21.4% in the third quarter. Capital Investment Advisory Services LLC now owns 5,220 shares of the company’s stock valued at $127,000 after purchasing an additional 919 shares during the period. Waterfront Wealth Inc. purchased a new position in T. Rowe Price Capital Appreciation Premium Income ETF in the third quarter valued at about $949,000. Finally, Stratos Wealth Advisors LLC raised its position in T. Rowe Price Capital Appreciation Premium Income ETF by 10.3% in the third quarter. Stratos Wealth Advisors LLC now owns 46,148 shares of the company’s stock valued at $1,126,000 after purchasing an additional 4,294 shares during the period.

T. Rowe Price Capital Appreciation Premium Income ETF Price Performance

NYSEARCA:TCAL opened at $22.09 on Monday. The business’s 50-day moving average is $22.47 and its two-hundred day moving average is $23.30. T. Rowe Price Capital Appreciation Premium Income ETF has a 12 month low of $21.91 and a 12 month high of $29.81. The firm has a market capitalization of $275.02 million, a PE ratio of 25.37 and a beta of 0.30.

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.