T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) Sees Large Volume Increase – Here’s Why

T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) shares saw strong trading volume on Tuesday . 2,537,149 shares changed hands during mid-day trading, an increase of 588% from the previous session’s volume of 368,556 shares.The stock last traded at $42.91 and had previously closed at $43.52.

T. Rowe Price Small-Mid Cap ETF Stock Performance

The firm has a fifty day simple moving average of $40.99 and a 200 day simple moving average of $38.73. The company has a market cap of $2.03 billion, a PE ratio of 18.92 and a beta of 1.12.

Institutional Investors Weigh In On T. Rowe Price Small-Mid Cap ETF

Institutional investors have recently bought and sold shares of the stock. Arax Advisory Partners purchased a new position in T. Rowe Price Small-Mid Cap ETF during the fourth quarter worth approximately $27,000. Bank of Montreal Can purchased a new stake in shares of T. Rowe Price Small-Mid Cap ETF during the 4th quarter valued at $29,000. N.E.W. Advisory Services LLC acquired a new stake in shares of T. Rowe Price Small-Mid Cap ETF during the 4th quarter worth $36,000. National Bank of Canada FI acquired a new stake in shares of T. Rowe Price Small-Mid Cap ETF during the 3rd quarter worth $42,000. Finally, Signature Equity Partners LLC raised its position in shares of T. Rowe Price Small-Mid Cap ETF by 187.2% in the 1st quarter. Signature Equity Partners LLC now owns 1,967 shares of the company’s stock worth $72,000 after buying an additional 1,282 shares during the period.

T. Rowe Price Small-Mid Cap ETF Company Profile

The T. Rowe Price Small-Mid Cap ETF (TMSL) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on extended market equity. TMSL is an actively managed fund that invests in US small- and mid-cap companies with either growth or value characteristics