Horizon Kinetics Medical ETF (NASDAQ:MEDX) Trading Down 0.6% – What’s Next?

Horizon Kinetics Medical ETF (NASDAQ:MEDX)’s stock price fell 0.6% during trading on Tuesday . The stock traded as low as $34.07 and last traded at $34.07. 2,050 shares changed hands during mid-day trading, a decline of 9% from the average session volume of 2,262 shares. The stock had previously closed at $34.26.

Horizon Kinetics Medical ETF Stock Down 0.6%

The business’s 50 day simple moving average is $34.07 and its two-hundred day simple moving average is $32.43. The stock has a market cap of $19.42 million, a P/E ratio of 19.02 and a beta of 0.62.

Horizon Kinetics Medical ETF Announces Dividend

The company also recently declared an annual dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were paid a $0.4088 dividend. This represents a dividend yield of 122.0%. The ex-dividend date was Tuesday, December 23rd.

About Horizon Kinetics Medical ETF

The Horizon Kinetics Medical ETF (MEDX) is an exchange-traded fund that mostly invests in health care equity. The fund actively invests in global companies within the broad health care sector. Stock selection and weighting emphasizes those invested in cancer research and pharmaceutical developments. MEDX was launched on Jan 27, 2023 and is managed by Horizon Kinetics.