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

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

Horizon Kinetics Medical ETF Stock Performance

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

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.