Northwestern Mutual Wealth Management Co. Reduces Stock Position in T. Rowe Price Small-Mid Cap ETF $TMSL

Northwestern Mutual Wealth Management Co. reduced its holdings in T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) by 33.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 309,294 shares of the company’s stock after selling 155,625 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.83% of T. Rowe Price Small-Mid Cap ETF worth $11,104,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Seamount Financial Group Inc. grew its stake in shares of T. Rowe Price Small-Mid Cap ETF by 2.0% in the 4th quarter. Seamount Financial Group Inc. now owns 15,149 shares of the company’s stock worth $544,000 after buying an additional 290 shares in the last quarter. MSH Capital Advisors LLC grew its stake in shares of T. Rowe Price Small-Mid Cap ETF by 3.3% in the 4th quarter. MSH Capital Advisors LLC now owns 12,243 shares of the company’s stock worth $440,000 after buying an additional 386 shares in the last quarter. Thoroughbred Financial Services LLC grew its stake in shares of T. Rowe Price Small-Mid Cap ETF by 5.1% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 9,310 shares of the company’s stock worth $327,000 after buying an additional 450 shares in the last quarter. Stratos Wealth Partners LTD. grew its stake in shares of T. Rowe Price Small-Mid Cap ETF by 0.4% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 145,929 shares of the company’s stock worth $5,132,000 after buying an additional 514 shares in the last quarter. Finally, Capital Investment Advisory Services LLC grew its stake in shares of T. Rowe Price Small-Mid Cap ETF by 4.6% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 11,682 shares of the company’s stock worth $411,000 after buying an additional 517 shares in the last quarter.

T. Rowe Price Small-Mid Cap ETF Stock Down 0.3%

Shares of NYSEARCA:TMSL opened at $41.54 on Tuesday. T. Rowe Price Small-Mid Cap ETF has a 52 week low of $31.14 and a 52 week high of $42.20. The firm has a fifty day simple moving average of $39.45 and a two-hundred day simple moving average of $37.97. The stock has a market capitalization of $1.97 billion, a P/E ratio of 18.92 and a beta of 1.13.

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