T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) Sets New 52-Week High – What’s Next?

T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $43.75 and last traded at $43.71, with a volume of 65761 shares traded. The stock had previously closed at $42.71.

T. Rowe Price Small-Mid Cap ETF Price Performance

The company has a market capitalization of $2.06 billion, a price-to-earnings ratio of 18.92 and a beta of 1.12. The business’s 50-day moving average price is $41.14 and its two-hundred day moving average price is $38.82.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of TMSL. Western Wealth Management LLC grew its stake in T. Rowe Price Small-Mid Cap ETF by 28.7% during the first quarter. Western Wealth Management LLC now owns 13,333 shares of the company’s stock worth $489,000 after buying an additional 2,973 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of T. Rowe Price Small-Mid Cap ETF by 4.5% in 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 in the last quarter. Bank of America Corp DE lifted its holdings in shares of T. Rowe Price Small-Mid Cap ETF by 234.7% during the 1st quarter. Bank of America Corp DE now owns 553,628 shares of the company’s stock worth $20,302,000 after acquiring an additional 388,232 shares during the period. Royal Bank of Canada boosted its position in shares of T. Rowe Price Small-Mid Cap ETF by 6,979.0% during the 1st quarter. Royal Bank of Canada now owns 47,217 shares of the company’s stock worth $1,732,000 after acquiring an additional 46,550 shares in the last quarter. Finally, Bradley Foster & Sargent Inc. CT boosted its position in shares of T. Rowe Price Small-Mid Cap ETF by 65.9% during the 1st quarter. Bradley Foster & Sargent Inc. CT now owns 12,671 shares of the company’s stock worth $465,000 after acquiring an additional 5,032 shares in the last quarter.

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