T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) Shares Break Below Two Hundred Day Moving Average – Time to Sell?

T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $40.80 and traded as low as $40.63. T. Rowe Price Small-Mid Cap ETF shares last traded at $40.76, with a volume of 651,144 shares trading hands.

T. Rowe Price Small-Mid Cap ETF Price Performance

The company has a market capitalization of $3.10 billion, a PE ratio of 18.92 and a beta of 1.08. The company’s fifty day moving average is $41.53 and its 200-day moving average is $40.80.

Institutional Trading of T. Rowe Price Small-Mid Cap ETF

Several hedge funds and other institutional investors have recently bought and sold shares of TMSL. Root Financial Partners LLC purchased a new position in shares of T. Rowe Price Small-Mid Cap ETF in the 3rd quarter valued at $28,000. Harbor Investment Advisory LLC purchased a new stake in shares of T. Rowe Price Small-Mid Cap ETF during the 2nd quarter worth $31,000. Provenance Wealth Advisors LLC purchased a new stake in shares of T. Rowe Price Small-Mid Cap ETF during the 3rd quarter worth $34,000. Signature Equity Partners LLC lifted its stake in shares of 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 purchasing an additional 1,282 shares during the last quarter. Finally, RMG Wealth Management LLC bought a new stake in T. Rowe Price Small-Mid Cap ETF during the first quarter valued at about $84,000.

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