T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) Sets New 12-Month High – Still a Buy?

T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSLGet Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $44.06 and last traded at $44.05, with a volume of 102694 shares traded. The stock had previously closed at $43.14.

T. Rowe Price Small-Mid Cap ETF Stock Performance

The firm has a market cap of $2.83 billion, a PE ratio of 18.92 and a beta of 1.09. The stock has a 50-day simple moving average of $42.67 and a two-hundred day simple moving average of $40.16.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in TMSL. Ballast Inc. bought a new position in T. Rowe Price Small-Mid Cap ETF during the second quarter valued at approximately $1,447,000. First Heartland Consultants Inc. grew its position in T. Rowe Price Small-Mid Cap ETF by 2.5% in the 2nd quarter. First Heartland Consultants Inc. now owns 18,585 shares of the company’s stock worth $815,000 after purchasing an additional 446 shares during the period. Harbor Investment Advisory LLC purchased a new stake in T. Rowe Price Small-Mid Cap ETF during the 2nd quarter valued at $31,000. Western Wealth Management LLC raised its stake in T. Rowe Price Small-Mid Cap ETF by 28.7% during the 1st quarter. Western Wealth Management LLC now owns 13,333 shares of the company’s stock valued at $489,000 after buying an additional 2,973 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in shares of T. Rowe Price Small-Mid Cap ETF by 4.5% during the 1st quarter. NewEdge Advisors LLC now owns 78,935 shares of the company’s stock valued at $2,895,000 after buying an additional 3,417 shares during the period.

T. Rowe Price Small-Mid Cap ETF Company Profile

(Get Free Report)

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

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