T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) Reaches New 52-Week High – Here’s What Happened

T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL)’s stock price hit a new 52-week high on Wednesday . The company traded as high as $43.89 and last traded at $43.85, with a volume of 506851 shares trading hands. The stock had previously closed at $43.51.

T. Rowe Price Small-Mid Cap ETF Trading Down 0.5%

The firm’s 50 day moving average is $41.57 and its two-hundred day moving average is $39.11. The firm has a market cap of $2.91 billion, a P/E ratio of 18.92 and a beta of 1.08.

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

Several hedge funds have recently bought and sold shares of TMSL. Seamount Financial Group Inc. increased its stake in T. Rowe Price Small-Mid Cap ETF by 2.0% during the 4th quarter. Seamount Financial Group Inc. now owns 15,149 shares of the company’s stock worth $544,000 after purchasing an additional 290 shares in the last quarter. MSH Capital Advisors LLC lifted its stake in T. Rowe Price Small-Mid Cap ETF by 3.3% in the fourth quarter. MSH Capital Advisors LLC now owns 12,243 shares of the company’s stock valued at $440,000 after buying an additional 386 shares in the last quarter. Moneta Group Investment Advisors LLC lifted its stake in T. Rowe Price Small-Mid Cap ETF by 5.9% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 7,911 shares of the company’s stock valued at $284,000 after buying an additional 443 shares in the last quarter. IFG Advisory LLC boosted its holdings in shares of T. Rowe Price Small-Mid Cap ETF by 3.0% in the third quarter. IFG Advisory LLC now owns 20,830 shares of the company’s stock valued at $733,000 after buying an additional 602 shares during the period. Finally, Arax Advisory Partners acquired a new position in shares of T. Rowe Price Small-Mid Cap ETF in the fourth quarter valued at approximately $27,000.

About T. Rowe Price Small-Mid Cap ETF

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