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

T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) saw unusually-high trading volume on Thursday . 577,463 shares were traded during mid-day trading, an increase of 47% from the previous session’s volume of 392,999 shares.The stock last traded at $43.53 and had previously closed at $43.91.

T. Rowe Price Small-Mid Cap ETF Stock Down 1.1%

The stock has a 50-day moving average price of $43.26 and a 200 day moving average price of $40.59. The firm has a market capitalization of $2.80 billion, a price-to-earnings ratio of 18.92 and a beta of 1.09.

Hedge Funds Weigh In On T. Rowe Price Small-Mid Cap ETF

Several large investors have recently bought and sold shares of the business. Atlas Wealth LLC boosted its holdings in T. Rowe Price Small-Mid Cap ETF by 43.6% in the fourth quarter. Atlas Wealth LLC now owns 103,991 shares of the company’s stock valued at $3,733,000 after purchasing an additional 31,581 shares in the last quarter. SageGuard Financial Group LLC acquired a new position in T. Rowe Price Small-Mid Cap ETF in the 1st quarter valued at $491,000. Commonwealth Equity Services LLC increased its stake in shares of T. Rowe Price Small-Mid Cap ETF by 24.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 130,328 shares of the company’s stock worth $4,679,000 after acquiring an additional 25,760 shares during the period. Ballast Inc. acquired a new stake in T. Rowe Price Small-Mid Cap ETF in the second quarter valued at about $1,447,000. Finally, Valmark Advisers Inc. acquired a new position in T. Rowe Price Small-Mid Cap ETF during the 1st quarter worth approximately $3,757,000.

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