Tema Heart & Health ETF (NASDAQ:HRTS) Stock Price Up 0.2% – Here’s Why

Tema Heart & Health ETF (NASDAQ:HRTS)’s share price traded up 0.2% during mid-day trading on Thursday . The stock traded as high as $36.95 and last traded at $36.80. 3,298 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 6,325 shares. The stock had previously closed at $36.72.

Tema Heart & Health ETF Stock Performance

The firm has a market capitalization of $54.83 million, a P/E ratio of 22.06 and a beta of 0.63. The stock’s 50 day simple moving average is $35.65 and its 200 day simple moving average is $34.91.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. purchased a new position in Tema Heart & Health ETF during the 2nd quarter worth $63,000. Jane Street Group LLC lifted its holdings in shares of Tema Heart & Health ETF by 9.4% in the 2nd quarter. Jane Street Group LLC now owns 37,164 shares of the company’s stock worth $1,062,000 after buying an additional 3,202 shares during the period. Citadel Advisors LLC bought a new position in shares of Tema Heart & Health ETF during the 3rd quarter worth $243,000. Stifel Financial Corp grew its position in shares of Tema Heart & Health ETF by 19.8% during the 4th quarter. Stifel Financial Corp now owns 33,647 shares of the company’s stock worth $1,187,000 after buying an additional 5,571 shares in the last quarter. Finally, Kestra Advisory Services LLC purchased a new position in shares of Tema Heart & Health ETF during the fourth quarter valued at $27,000.

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. HRTS was launched on Nov 20, 2023 and is issued by Tema.