Envestnet Asset Management Inc. Makes New Investment in T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL)

Envestnet Asset Management Inc. acquired a new position in shares of 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 (SEC). The fund acquired 149,847 shares of the company’s stock, valued at approximately $4,832,000. Envestnet Asset Management Inc. owned approximately 4.68% of T. Rowe Price Small-Mid Cap ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of TMSL. New Wave Wealth Advisors LLC bought a new position in shares of T. Rowe Price Small-Mid Cap ETF during the fourth quarter valued at approximately $41,000. JFS Wealth Advisors LLC bought a new position in T. Rowe Price Small-Mid Cap ETF in the 4th quarter worth $54,000. Private Trust Co. NA lifted its position in shares of T. Rowe Price Small-Mid Cap ETF by 55.3% in the 4th quarter. Private Trust Co. NA now owns 2,191 shares of the company’s stock worth $71,000 after purchasing an additional 780 shares during the period. Raleigh Capital Management Inc. purchased a new stake in shares of T. Rowe Price Small-Mid Cap ETF in the 4th quarter worth about $101,000. Finally, Blume Capital Management Inc. boosted its stake in shares of T. Rowe Price Small-Mid Cap ETF by 75.0% during the 4th quarter. Blume Capital Management Inc. now owns 3,500 shares of the company’s stock valued at $113,000 after purchasing an additional 1,500 shares in the last quarter.

T. Rowe Price Small-Mid Cap ETF Price Performance

Shares of NYSEARCA TMSL opened at $28.37 on Wednesday. T. Rowe Price Small-Mid Cap ETF has a 1 year low of $25.89 and a 1 year high of $35.37. The company’s 50-day moving average is $30.42 and its 200 day moving average is $32.36. The stock has a market capitalization of $615.63 million, a P/E ratio of 15.23 and a beta of 1.05.

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