T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) Sets New 1-Year High – Time to Buy?

T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) reached a new 52-week high on Thursday . The stock traded as high as $43.75 and last traded at $43.71, with a volume of 65761 shares. The stock had previously closed at $42.71.

T. Rowe Price Small-Mid Cap ETF Trading Up 1.7%

The company has a 50 day moving average price of $41.14 and a 200-day moving average price of $38.82. The company has a market cap of $2.06 billion, a P/E ratio of 18.92 and a beta of 1.12.

Institutional Inflows and Outflows

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

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