T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) Sees Unusually-High Trading Volume – Time to Buy?

T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) shares saw an uptick in trading volume on Tuesday . 2,537,149 shares traded hands during mid-day trading, an increase of 588% from the previous session’s volume of 368,556 shares.The stock last traded at $42.91 and had previously closed at $43.52.

T. Rowe Price Small-Mid Cap ETF Trading Up 0.2%

The business’s fifty day moving average price is $41.14 and its 200 day moving average price is $38.82. The firm has a market capitalization of $2.03 billion, a price-to-earnings ratio of 18.92 and a beta of 1.12.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Arax Advisory Partners acquired a new stake in shares of T. Rowe Price Small-Mid Cap ETF during the fourth quarter worth about $27,000. Bank of Montreal Can acquired a new position in T. Rowe Price Small-Mid Cap ETF in the 4th quarter valued at about $29,000. N.E.W. Advisory Services LLC purchased a new stake in T. Rowe Price Small-Mid Cap ETF during the 4th quarter valued at approximately $36,000. National Bank of Canada FI purchased a new stake in T. Rowe Price Small-Mid Cap ETF during the 3rd quarter valued at approximately $42,000. Finally, Signature Equity Partners LLC lifted its position in T. Rowe Price Small-Mid Cap ETF by 187.2% during the 1st quarter. Signature Equity Partners LLC now owns 1,967 shares of the company’s stock worth $72,000 after acquiring an additional 1,282 shares during the period.

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