ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Stock Price Down 0.5% – Time to Sell?

ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC)’s share price traded down 0.5% during trading on Tuesday . The company traded as low as $36.45 and last traded at $37.05. 10,051 shares were traded during trading, an increase of 54% from the average session volume of 6,526 shares. The stock had previously closed at $37.23.

ROBO Global Healthcare Technology and Innovation ETF Stock Down 0.5%

The stock has a market cap of $55.58 million, a P/E ratio of -10,354.95 and a beta of 1.11. The firm has a 50 day simple moving average of $35.84 and a 200-day simple moving average of $32.45.

ROBO Global Healthcare Technology and Innovation ETF Announces Dividend

The firm 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. This represents a yield of 97.0%. The ex-dividend date was Tuesday, December 30th. ROBO Global Healthcare Technology and Innovation ETF’s dividend payout ratio is -558.97%.

Hedge Funds Weigh In On ROBO Global Healthcare Technology and Innovation ETF

An institutional investor recently bought a new position in ROBO Global Healthcare Technology and Innovation ETF stock. Flow Traders U.S. LLC acquired a new stake in ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 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 at the end of the most recent reporting period. Institutional investors and hedge funds own 1.96% of the company’s stock.

About ROBO Global Healthcare Technology and Innovation ETF

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.