T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) Reaches New 12-Month High – Here’s What Happened

T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) hit 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 stock’s 50 day simple moving average is $42.58 and its 200 day simple moving average is $40.08. The firm has a market cap of $2.84 billion, a PE ratio of 18.92 and a beta of 1.09.

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

Several hedge funds have recently added to or reduced their stakes in the company. Harbor Investment Advisory LLC purchased a new position in shares of T. Rowe Price Small-Mid Cap ETF during the 2nd quarter valued at about $31,000. Arax Advisory Partners bought a new position in T. Rowe Price Small-Mid Cap ETF during the fourth quarter valued at approximately $27,000. Bank of Montreal Can bought a new position in T. Rowe Price Small-Mid Cap ETF during the fourth quarter valued at approximately $29,000. N.E.W. Advisory Services LLC purchased a new position in shares of T. Rowe Price Small-Mid Cap ETF during the fourth quarter worth approximately $36,000. Finally, National Bank of Canada FI purchased a new position in shares of T. Rowe Price Small-Mid Cap ETF during the third quarter worth approximately $42,000.

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