T. Rowe Price Health Care ETF (NASDAQ:TMED) Shares Down 1.2% – Here’s What Happened

T. Rowe Price Health Care ETF (NASDAQ:TMED) traded down 1.2% during mid-day trading on Friday . The stock traded as low as $34.69 and last traded at $34.83. Approximately 5,617 shares changed hands during mid-day trading, an increase of 91% from the average session volume of 2,938 shares. The stock had previously closed at $35.25.

T. Rowe Price Health Care ETF Stock Down 1.2%

The stock’s 50-day moving average price is $31.95 and its 200 day moving average price is $30.50. The firm has a market cap of $23.68 million, a price-to-earnings ratio of -25.61 and a beta of 1.40.

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

Several large investors have recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC bought a new stake in shares of T. Rowe Price Health Care ETF in the 4th quarter worth approximately $328,000. Flow Traders U.S. LLC bought a new stake in shares of T. Rowe Price Health Care ETF during the third quarter valued at approximately $1,259,000. Finally, Citadel Advisors LLC raised its stake 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 purchasing an additional 20,189 shares in the last quarter.

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.