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

T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $44.60 and last traded at $44.34, with a volume of 48250 shares traded. The stock had previously closed at $44.11.

T. Rowe Price Small-Mid Cap ETF Price Performance

The firm has a 50-day simple moving average of $42.87 and a 200 day simple moving average of $40.33. The stock has a market capitalization of $2.86 billion, a P/E ratio of 18.92 and a beta of 1.09.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Harbor Investment Advisory LLC bought a new stake in T. Rowe Price Small-Mid Cap ETF during the 2nd quarter worth approximately $31,000. Arax Advisory Partners acquired a new position in shares of T. Rowe Price Small-Mid Cap ETF during the fourth quarter worth $27,000. Bank of Montreal Can acquired a new position in shares of T. Rowe Price Small-Mid Cap ETF during the fourth quarter worth $29,000. N.E.W. Advisory Services LLC bought a new stake in shares of T. Rowe Price Small-Mid Cap ETF in the fourth quarter worth $36,000. Finally, National Bank of Canada FI bought a new stake in shares of T. Rowe Price Small-Mid Cap ETF in the third quarter worth $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