Pearl Planning LLC Buys Shares of 114,775 T. Rowe Price Small-Mid Cap ETF $TMSL

Pearl Planning LLC bought a new stake in shares of T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 114,775 shares of the company’s stock, valued at approximately $4,120,000. T. Rowe Price Small-Mid Cap ETF comprises approximately 2.5% of Pearl Planning LLC’s holdings, making the stock its 12th largest position. Pearl Planning LLC owned about 0.31% of T. Rowe Price Small-Mid Cap ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Vantage Financial Partners LLC increased its holdings in T. Rowe Price Small-Mid Cap ETF by 2.2% during the fourth quarter. Vantage Financial Partners LLC now owns 97,703 shares of the company’s stock valued at $3,508,000 after buying an additional 2,129 shares during the last quarter. Souders Financial Advisors increased its stake in shares of T. Rowe Price Small-Mid Cap ETF by 2.4% in the fourth quarter. Souders Financial Advisors now owns 345,979 shares of the company’s stock worth $12,421,000 after purchasing an additional 8,126 shares in the last quarter. Robertson Stephens Wealth Management LLC increased its stake in shares of T. Rowe Price Small-Mid Cap ETF by 4.7% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 28,959 shares of the company’s stock worth $1,040,000 after purchasing an additional 1,290 shares in the last quarter. D.A. Davidson & CO. increased its stake in shares of T. Rowe Price Small-Mid Cap ETF by 1.5% in the fourth quarter. D.A. Davidson & CO. now owns 289,784 shares of the company’s stock worth $10,403,000 after purchasing an additional 4,144 shares in the last quarter. Finally, UBS Group AG increased its stake in shares of T. Rowe Price Small-Mid Cap ETF by 9.3% in the fourth quarter. UBS Group AG now owns 555,902 shares of the company’s stock worth $19,957,000 after purchasing an additional 47,512 shares in the last quarter.

T. Rowe Price Small-Mid Cap ETF Price Performance

Shares of NYSEARCA TMSL opened at $41.19 on Friday. The firm has a fifty day moving average price of $38.29 and a 200-day moving average price of $37.28. The stock has a market cap of $1.96 billion, a PE ratio of 18.92 and a beta of 1.13. T. Rowe Price Small-Mid Cap ETF has a 1 year low of $30.69 and a 1 year high of $41.46.

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