T. Rowe Price Health Care ETF (NASDAQ:TMED) Shares Down 1.2% – Time to Sell?

T. Rowe Price Health Care ETF (NASDAQ:TMED)’s share price dropped 1.2% on Friday . The stock traded as low as $34.69 and last traded at $34.83. Approximately 5,617 shares traded hands during 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 company has a market cap of $23.68 million, a price-to-earnings ratio of -25.61 and a beta of 1.40. The company’s fifty day moving average price is $31.95 and its two-hundred day moving average price is $30.50.

Institutional Trading of T. Rowe Price Health Care ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Citadel Advisors LLC raised its holdings 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 buying an additional 20,189 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in T. Rowe Price Health Care ETF during the 3rd quarter worth about $1,259,000. Finally, Commonwealth Equity Services LLC bought a new stake in T. Rowe Price Health Care ETF during the 4th quarter worth about $328,000.

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.