TTEQ

T. Rowe Price Technology ETF

$32.26

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The T. Rowe Price Technology ETF seeks to provide long-term capital appreciation by investing in a diversified portfolio of technology-related companies.

Overview

ETF tracking T. Rowe Price Technology ETF

Category Technology

Issuer Other

Inception Date 2024-10-24

Market Cap $58.1M

Average Volume N/A

Dividend Yield N/A

52-Week Range $20.43 - $34.94

VWAP $32.00

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The T. Rowe Price Technology ETF seeks to provide long-term capital appreciation by investing in a diversified portfolio of technology-related companies.

🎯 Investment Strategy

The fund invests primarily in the common stocks of companies that are expected to benefit from the development, advancement, and use of technology. The portfolio manager uses fundamental research to identify companies with strong growth potential, competitive advantages, and attractive valuations.

✨ Key Features

Focuses on the technology sector, which includes companies involved in areas such as software, hardware, semiconductors, internet services, and information technology
Actively managed by T. Rowe Price's experienced technology investment team
Diversified portfolio of approximately 50-100 holdings
No investment minimum and low expense ratio

⚠️ Primary Risks

Sector risk: As a sector-specific fund, it is more susceptible to factors affecting the technology sector
Equity market risk: The value of the fund's holdings may fluctuate due to changes in the stock market
Concentration risk: The fund's performance may be more volatile due to its focus on a single sector
Liquidity risk: Some of the fund's holdings may be less liquid, which could impact the fund's ability to sell them at favorable prices

👤 Best For

The T. Rowe Price Technology ETF may be suitable for investors seeking long-term capital appreciation through exposure to the technology sector. It may be appropriate for investors with a higher risk tolerance and a longer investment horizon, as the technology sector can be volatile. Investors should be comfortable with the fund's sector-specific focus and the associated risks.