Tema Heart & Health ETF (NASDAQ:HRTS) Shares Down 1.1% – Here’s What Happened

Tema Heart & Health ETF (NASDAQ:HRTS)’s share price fell 1.1% during mid-day trading on Thursday . The stock traded as low as $33.50 and last traded at $33.53. 1,795 shares traded hands during trading, a decline of 73% from the average session volume of 6,699 shares. The stock had previously closed at $33.89.

Tema Heart & Health ETF Price Performance

The company’s fifty day moving average is $33.97 and its 200-day moving average is $34.62. The stock has a market cap of $49.68 million, a PE ratio of 22.06 and a beta of 0.70.

Institutional Trading of Tema Heart & Health ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC acquired a new stake in Tema Heart & Health ETF during the fourth quarter valued at $27,000. JPMorgan Chase & Co. acquired a new stake in Tema Heart & Health ETF during the second quarter valued at $63,000. Citadel Advisors LLC acquired a new stake in Tema Heart & Health ETF during the third quarter valued at $243,000. Brookstone Capital Management acquired a new stake in Tema Heart & Health ETF during the fourth quarter valued at $364,000. Finally, Jane Street Group LLC grew its position in Tema Heart & Health ETF by 9.4% during the second quarter. Jane Street Group LLC now owns 37,164 shares of the company’s stock valued at $1,062,000 after buying an additional 3,202 shares during the period.

About Tema Heart & Health ETF

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.