ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Shares Down 0.9% – What’s Next?

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC)’s share price fell 0.9% during mid-day trading on Monday . The company traded as low as $35.11 and last traded at $35.20. 6,388 shares changed hands during mid-day trading, a decline of 19% from the average session volume of 7,911 shares. The stock had previously closed at $35.53.

ROBO Global Healthcare Technology and Innovation ETF Stock Down 0.9%

The company has a market capitalization of $52.80 million, a price-to-earnings ratio of -9,837.90 and a beta of 1.11. The stock’s 50-day simple moving average is $36.32 and its two-hundred day simple moving average is $33.74.

ROBO Global Healthcare Technology and Innovation ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were paid a $0.3463 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a yield of 97.0%. ROBO Global Healthcare Technology and Innovation ETF’s dividend payout ratio (DPR) is currently -558.97%.

Institutional Investors Weigh In On ROBO Global Healthcare Technology and Innovation ETF

A hedge fund recently bought a new stake in ROBO Global Healthcare Technology and Innovation ETF stock. Flow Traders U.S. LLC purchased a new stake in shares of ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 45,631 shares of the company’s stock, valued at approximately $1,302,000. Flow Traders U.S. LLC owned 3.00% of ROBO Global Healthcare Technology and Innovation ETF as of its most recent filing with the SEC. Institutional investors own 1.96% of the company’s stock.

ROBO Global Healthcare Technology and Innovation ETF Company Profile

The Robo Global Healthcare Technology and Innovation ETF (HTEC) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a proprietary index of global health care technology companies. HTEC was launched on Jun 25, 2019 and is managed by ROBO Global.