T. Rowe Price Exchange-Traded Funds, Inc. - T. Rowe Price Small-Mid Cap ETF Price & Performance (TMSL)

HighTower Advisors LLC has acquired 38,951 shares of the T. Rowe Price Small-Mid Cap ETF, valued at $1.26 million. This acquisition represents 1.22% of the ETF's shares. Other institutional investors have also adjusted their stakes, reflecting growing interest in this actively managed fund.1

T. Rowe Price Group's stock reached a new 52-week low of $91.37, reflecting a 19.14% decline over the past year. The company continues to face bearish sentiment despite its strong dividend history and attractive valuation metrics, which may appeal to value investors seeking long-term opportunities.23

T. Rowe Price Group has raised its quarterly dividend by 2.42% to $1.27 per share, marking its 39th consecutive year of dividend growth. This announcement comes as the company navigates a challenging market environment, with recent earnings falling short of expectations.4