Mkam Etf (NASDAQ:MKAM) Shares Down 0.1% – Here’s What Happened

Mkam Etf (NASDAQ:MKAM) shares traded down 0.1% during mid-day trading on Thursday. The stock traded as low as $32.36 and last traded at $32.37. Approximately 7 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 598 shares. The stock had previously closed at $32.41.

Mkam Etf Trading Down 0.6%

The stock has a market cap of $13.51 million, a PE ratio of 24.59 and a beta of 0.41. The business has a 50-day moving average price of $32.33 and a 200 day moving average price of $31.57.

Mkam Etf Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were paid a $0.1471 dividend. The ex-dividend date was Monday, September 28th. This represents a $0.59 dividend on an annualized basis and a yield of 1.8%. This is a decrease from Mkam Etf’s previous quarterly dividend of $0.1531.

Mkam Etf Company Profile

The MKAM ETF (MKAM) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks to provide the performance return of US large-cap equities, but with less volatility and downside risk. The actively managed fund utilizes a proprietary multi-factor model to shift the portfolios exposure between equities and fixed income investments. MKAM was launched on Apr 12, 2023 and is managed by MKAM.