Raymond James Financial Inc. Makes New $19.06 Million Investment in T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL)

Raymond James Financial Inc. bought a new position in T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 591,128 shares of the company’s stock, valued at approximately $19,061,000. Raymond James Financial Inc. owned about 18.47% of T. Rowe Price Small-Mid Cap ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. New Wave Wealth Advisors LLC bought a new stake in shares of T. Rowe Price Small-Mid Cap ETF in the 4th quarter worth about $41,000. Private Trust Co. NA bought a new stake in shares of T. Rowe Price Small-Mid Cap ETF in the 3rd quarter worth about $46,000. JFS Wealth Advisors LLC bought a new stake in shares of T. Rowe Price Small-Mid Cap ETF in the 4th quarter worth about $54,000. Raleigh Capital Management Inc. bought a new stake in shares of T. Rowe Price Small-Mid Cap ETF in the 4th quarter worth about $101,000. Finally, World Equity Group Inc. bought a new stake in shares of T. Rowe Price Small-Mid Cap ETF in the 4th quarter worth about $243,000.

T. Rowe Price Small-Mid Cap ETF Stock Performance

TMSL opened at $30.35 on Monday. The company has a 50-day moving average of $32.87 and a 200-day moving average of $32.87. The company has a market capitalization of $482.57 million, a P/E ratio of 18.25 and a beta of 1.05. T. Rowe Price Small-Mid Cap ETF has a 1-year low of $28.86 and a 1-year high of $35.37.

T. Rowe Price Small-Mid Cap ETF 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