Mkam Etf (NASDAQ:MKAM – Get Free Report) shares were down 0.2% on Wednesday. The stock traded as low as $32.50 and last traded at $32.50. 157 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 640 shares. The stock had previously closed at $32.55.
Mkam Etf Stock Up 0.2%
The business has a 50-day moving average price of $32.33 and a 200-day moving average price of $31.74. The firm has a market capitalization of $13.65 million, a price-to-earnings ratio of 24.59 and a beta of 0.41.
Mkam Etf Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were paid a $0.1471 dividend. This represents a $0.59 dividend on an annualized basis and a yield of 1.8%. This is a drop from Mkam Etf’s previous quarterly dividend of $0.1531. The ex-dividend date was Monday, September 28th.
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.
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