T. Rowe Price Health Care ETF (NASDAQ:TMED) Trading Up 0.2% – Should You Buy?

T. Rowe Price Health Care ETF (NASDAQ:TMED) shares were up 0.2% during mid-day trading on Wednesday . The company traded as high as $31.02 and last traded at $30.98. Approximately 113 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 3,049 shares. The stock had previously closed at $30.92.

T. Rowe Price Health Care ETF Trading Down 0.3%

The business has a fifty day moving average price of $29.82 and a 200-day moving average price of $29.80. The stock has a market capitalization of $20.58 million, a PE ratio of -23.28 and a beta of 1.48.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. Essex Financial Services Inc. purchased a new position in shares of T. Rowe Price Health Care ETF in the 3rd quarter worth about $243,000. Commonwealth Equity Services LLC purchased a new position in shares of T. Rowe Price Health Care ETF in the 4th quarter worth about $328,000. Citadel Advisors LLC boosted its holdings in shares of T. Rowe Price Health Care ETF by 210.6% in the 3rd quarter. Citadel Advisors LLC now owns 29,774 shares of the company’s stock worth $794,000 after purchasing an additional 20,189 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in shares of T. Rowe Price Health Care ETF in the 3rd quarter worth about $1,259,000.

About T. Rowe Price Health Care ETF

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.