Mkam Etf (NASDAQ:MKAM – Get Free Report) shares crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $31.60 and traded as high as $31.63. Mkam Etf shares last traded at $31.7360, with a volume of 7 shares.
Mkam Etf Trading Up 0.5%
The company’s 50-day moving average is $32.30 and its two-hundred day moving average is $31.60. The stock has a market capitalization of $13.33 million, a P/E ratio of 24.59 and a beta of 0.41.
Mkam Etf Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were issued a dividend of $0.1471 per share. This represents a $0.59 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Monday, September 28th. This is a negative change from Mkam Etf’s previous quarterly dividend of $0.1531.
About Mkam Etf
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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