T. Rowe Price Technology ETF (NASDAQ:TTEQ) Trading 0.2% Higher – Should You Buy?

T. Rowe Price Technology ETF (NASDAQ:TTEQ)’s share price was up 0.2% on Monday . The stock traded as high as $33.54 and last traded at $33.37. Approximately 21,628 shares changed hands during trading, a decline of 60% from the average daily volume of 53,802 shares. The stock had previously closed at $33.29.

T. Rowe Price Technology ETF Stock Performance

The firm’s 50 day simple moving average is $32.72 and its 200 day simple moving average is $31.99. The firm has a market capitalization of $126.81 million, a price-to-earnings ratio of 36.82 and a beta of 1.84.

Hedge Funds Weigh In On T. Rowe Price Technology ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of T. Rowe Price Technology ETF during the 2nd quarter valued at about $27,000. Private Trust Co. NA acquired a new stake in shares of T. Rowe Price Technology ETF in the fourth quarter valued at about $39,000. Ameriflex Group Inc. purchased a new position in T. Rowe Price Technology ETF in the 2nd quarter valued at $64,000. Essex Financial Services Inc. acquired a new stake in T. Rowe Price Technology ETF during the 3rd quarter worth $202,000. Finally, Bluesphere Advisors LLC acquired a new stake in T. Rowe Price Technology ETF in the 3rd quarter valued at about $267,000.

T. Rowe Price Technology ETF Company Profile

The T. Rowe Price Technology ETF (TTEQ) is an exchange-traded fund. The ETF currently has 28.34m in AUM and 56 holdings. TTEQ is actively managed, seeking long-term capital growth by investing in large-cap technology companies globally and those whose market share is largely based on their technology capabilities. TTEQ was launched on Oct 23, 2024 and is issued by T. Rowe Price.