Horizon Kinetics Medical ETF (NASDAQ:MEDX) Declares $0.50 Dividend

Horizon Kinetics Medical ETF (NASDAQ:MEDX) announced a dividend on Monday, December 23rd,NASDAQ Dividends reports. Investors of record on Tuesday, December 24th will be given a dividend of 0.5023 per share on Thursday, December 26th. The ex-dividend date is Tuesday, December 24th.

Horizon Kinetics Medical ETF Trading Down 1.7 %

Horizon Kinetics Medical ETF stock traded down $0.46 during mid-day trading on Tuesday, reaching $26.65. The company’s stock had a trading volume of 1,141 shares, compared to its average volume of 888. Horizon Kinetics Medical ETF has a twelve month low of $26.57 and a twelve month high of $32.00. The business has a 50 day moving average price of $28.67 and a 200-day moving average price of $29.92. The firm has a market cap of $15.19 million, a price-to-earnings ratio of 17.98 and a beta of 0.91.

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.