Tema Heart & Health ETF (NASDAQ:HRTS) Trading Up 1% – Time to Buy?

Tema Heart & Health ETF (NASDAQ:HRTS) shares rose 1% during trading on Wednesday . The company traded as high as $34.40 and last traded at $34.33. Approximately 14,098 shares were traded during trading, an increase of 69% from the average daily volume of 8,336 shares. The stock had previously closed at $33.99.

Tema Heart & Health ETF Trading Up 1.0%

The firm has a market capitalization of $53.21 million, a PE ratio of 22.06 and a beta of 0.97. The company has a fifty day moving average price of $31.71 and a two-hundred day moving average price of $29.58.

Hedge Funds Weigh In On Tema Heart & Health ETF

Institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. purchased a new position in Tema Heart & Health ETF during the 2nd quarter worth $63,000. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of Tema Heart & Health ETF in the second quarter valued at approximately $905,000. Jane Street Group LLC increased its holdings in shares of Tema Heart & Health ETF by 9.4% in the second quarter. Jane Street Group LLC now owns 37,164 shares of the company’s stock valued at $1,062,000 after purchasing an additional 3,202 shares during the period. CoreCap Advisors LLC lifted its holdings in shares of Tema Heart & Health ETF by 25,280.4% during the third quarter. CoreCap Advisors LLC now owns 51,776 shares of the company’s stock worth $1,602,000 after purchasing an additional 51,572 shares during the period. Finally, Flow Traders U.S. LLC acquired a new stake in shares of Tema Heart & Health ETF during the first quarter worth $1,655,000.

Tema Heart & Health ETF Company Profile

The Tema Obesity & Cardiometabolic ETF (HRTS) is an exchange-traded fund that mostly invests in health care equity. The fund is an actively managed fund that concentrates on companies focused on the treatment of cardiovascular diseases and/or metabolic diseases from companies all around the world. Using both top-down and bottom-up stock selection, the fund identifies innovative companies deemed attractive.