117,995 Shares in T. Rowe Price Small-Mid Cap ETF $TMSL Purchased by Valmark Advisers Inc.

Valmark Advisers Inc. acquired a new stake in shares of T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 117,995 shares of the company’s stock, valued at approximately $4,802,000.

Other institutional investors have also made changes to their positions in the company. Fifth Third Bancorp boosted its stake in shares of T. Rowe Price Small-Mid Cap ETF by 27.1% in the third quarter. Fifth Third Bancorp now owns 11,017 shares of the company’s stock valued at $448,000 after purchasing an additional 2,350 shares during the period. Cornerstone Wealth Management LLC acquired a new stake in T. Rowe Price Small-Mid Cap ETF during the 3rd quarter valued at $578,000. United Advisor Group LLC increased its stake in T. Rowe Price Small-Mid Cap ETF by 32.5% during the 3rd quarter. United Advisor Group LLC now owns 22,816 shares of the company’s stock worth $929,000 after buying an additional 5,596 shares during the period. Kestra Advisory Services LLC increased its stake in T. Rowe Price Small-Mid Cap ETF by 869.5% during the 3rd quarter. Kestra Advisory Services LLC now owns 106,212 shares of the company’s stock worth $4,323,000 after buying an additional 95,257 shares during the period. Finally, StrongBox Wealth LLC lifted its holdings in T. Rowe Price Small-Mid Cap ETF by 365.5% in the 3rd quarter. StrongBox Wealth LLC now owns 163,635 shares of the company’s stock worth $6,660,000 after buying an additional 128,480 shares in the last quarter.

T. Rowe Price Small-Mid Cap ETF Trading Up 0.0%

TMSL stock traded up $0.02 during trading on Friday, reaching $42.03. The stock had a trading volume of 740,836 shares, compared to its average volume of 437,459. The firm has a fifty day moving average price of $41.46 and a 200 day moving average price of $40.92. The company has a market capitalization of $3.26 billion, a P/E ratio of 18.57 and a beta of 1.08. T. Rowe Price Small-Mid Cap ETF has a 1-year low of $33.48 and a 1-year high of $44.77.

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