T. Rowe Price Health Care ETF (NASDAQ:TMED) Shares Down 1.5% – Here’s Why

T. Rowe Price Health Care ETF (NASDAQ:TMED) fell 1.5% during mid-day trading on Friday . The company traded as low as $29.66 and last traded at $29.69. 3,416 shares traded hands during trading, a decline of 5% from the average session volume of 3,603 shares. The stock had previously closed at $30.13.

T. Rowe Price Health Care ETF Trading Down 1.5%

The business has a 50 day moving average of $29.35 and a 200-day moving average of $29.22. The firm has a market capitalization of $19.30 million, a P/E ratio of -21.83 and a beta of 1.37.

Institutional Trading of T. Rowe Price Health Care ETF

A number of large investors have recently bought and sold shares of the business. Essex Financial Services Inc. bought a new stake in T. Rowe Price Health Care ETF during the 3rd quarter worth approximately $243,000. Commonwealth Equity Services LLC acquired a new position in T. Rowe Price Health Care ETF during the 4th quarter worth approximately $328,000. Citadel Advisors LLC boosted its position in T. Rowe Price Health Care ETF by 210.6% during the 3rd quarter. Citadel Advisors LLC now owns 29,774 shares of the company’s stock worth $794,000 after acquiring an additional 20,189 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in T. Rowe Price Health Care ETF during the 3rd quarter worth approximately $1,259,000.

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.