Mkam Etf (NASDAQ:MKAM) Trading 0.4% Higher – Here’s Why

Mkam Etf (NASDAQ:MKAMGet Free Report) shares shot up 0.4% on Monday . The company traded as high as $31.08 and last traded at $31.08. 118 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 1,096 shares. The stock had previously closed at $30.97.

Mkam Etf Stock Up 0.4%

The company’s fifty day moving average price is $30.96 and its 200-day moving average price is $30.52. The stock has a market capitalization of $12.12 million, a PE ratio of 24.59 and a beta of 0.42.

About Mkam Etf

(Get Free Report)

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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