Valmark Advisers Inc. Invests $3.76 Million in T. Rowe Price Small-Mid Cap ETF $TMSL

Valmark Advisers Inc. purchased a new stake in T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 102,453 shares of the company’s stock, valued at approximately $3,757,000. Valmark Advisers Inc. owned about 0.22% of T. Rowe Price Small-Mid Cap ETF as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Seamount Financial Group Inc. grew its holdings 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 acquiring an additional 290 shares during the last quarter. MSH Capital Advisors LLC raised its stake in shares of 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 worth $440,000 after acquiring an additional 386 shares during the last quarter. Moneta Group Investment Advisors LLC raised its stake in shares of 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 worth $284,000 after acquiring an additional 443 shares during the last quarter. Arax Advisory Partners acquired a new position in shares of T. Rowe Price Small-Mid Cap ETF during the fourth quarter worth approximately $27,000. Finally, Bank of Montreal Can acquired a new position in shares of T. Rowe Price Small-Mid Cap ETF during the fourth quarter worth approximately $29,000.

T. Rowe Price Small-Mid Cap ETF Price Performance

TMSL opened at $43.15 on Monday. The stock has a market capitalization of $2.67 billion, a P/E ratio of 18.92 and a beta of 1.09. The company’s 50 day simple moving average is $41.94 and its 200-day simple moving average is $39.40. T. Rowe Price Small-Mid Cap ETF has a one year low of $32.35 and a one year high of $44.04.

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