T. Rowe Price Health Care ETF (NASDAQ:TMED) Trading Down 1.5% – Here’s What Happened

T. Rowe Price Health Care ETF (NASDAQ:TMED)’s stock price fell 1.5% on Friday . The company traded as low as $29.66 and last traded at $29.69. 3,416 shares were traded during trading, a decline of 5% from the average session volume of 3,603 shares. The stock had previously closed at $30.13.

T. Rowe Price Health Care ETF Stock Down 1.5%

The stock has a market cap of $19.30 million, a P/E ratio of -21.83 and a beta of 1.37. The business’s 50-day simple moving average is $29.35 and its two-hundred day simple moving average is $29.24.

Hedge Funds Weigh In On T. Rowe Price Health Care ETF

A number of large investors have recently modified their holdings of the company. Commonwealth Equity Services LLC bought a new position in shares of T. Rowe Price Health Care ETF in the fourth quarter valued at approximately $328,000. Flow Traders U.S. LLC bought a new position in shares of T. Rowe Price Health Care ETF in the third quarter valued at approximately $1,259,000. Citadel Advisors LLC boosted its position in shares of T. Rowe Price Health Care ETF by 210.6% in the third quarter. Citadel Advisors LLC now owns 29,774 shares of the company’s stock valued at $794,000 after acquiring an additional 20,189 shares during the period. Finally, Essex Financial Services Inc. bought a new position in shares of T. Rowe Price Health Care ETF in the third quarter valued at approximately $243,000.

T. Rowe Price Health Care ETF Company Profile

The T. Rowe Price Health Care ETF (TMED) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on health care equity. TMED is an actively managed ETF, aiming to outperform its respective sector index TMED was launched on Jun 11, 2025 and is issued by T. Rowe Price.