Federated Hermes MDT Market Neutral ETF logo

Federated Hermes MDT Market Neutral ETF (MKTN)

Market Closed
17 Jul, 20:00
ARCA ARCA
$
26. 61
+0.13
+0.4811%
$
2.7M Market Cap
0.07% Div Yield
1,036 Volume
$ 26.48
Previous Close
Investors:
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Day Range
26.59 26.63
Year Range
24.14 26.63
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Summary

MKTN closed today higher at $26.61, an increase of 0.4811% from yesterday's close, completing a monthly increase of 3.0496% or $0.79. Over the past 12 months, MKTN stock gained 3.4905%.
MKTN pays dividends to its shareholders, with the most recent payment made on Jan 02, 2026. The next estimated payment will be in 6 months ago on Jan 02, 2026 for a total of $0.0655.
The stock of the company had never split.
The company's stock is traded on one exchange.

MKTN Chart

Federated Hermes MDT Market Neutral ETF Investors

Name Quantity Cost Value Profit ($) Gain (%)
Rajiv Shah
Rajiv Shah KINGSWOOD WEALTH ADVISORS, LLC
129,812 $3.37M $3.43M $58,544.93 1.74%
Elyxium Wealth LLC
Elyxium Wealth LLC Elyxium Wealth LLC
104,869 $2.72M $2.78M $56,835.15 2.09%
BR
Brian Runkles Frederick Financial Consultants LLC
491,754 $12.77M $13.02M $256,199.9 2.01%

Federated Hermes MDT Market Neutral ETF (MKTN) FAQ

What is the stock price today?

The current price is $26.61.

On which exchange is it traded?

Federated Hermes MDT Market Neutral ETF is listed on ARCA.

What is its stock symbol?

The ticker symbol is MKTN.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 0.07%.

What is its market cap?

As of today, the market cap is 2.7M.

Has Federated Hermes MDT Market Neutral ETF ever had a stock split?

No, there has never been a stock split.

Federated Hermes MDT Market Neutral ETF Profile

ARCA Exchange
US Country

Overview

The company operates an actively managed market neutral equity exchange-traded fund (ETF) that focuses on long-term capital appreciation while minimizing exposure to the broader stock market. This strategic approach is achieved through the use of quantitative models designed to identify and select both long and short investment positions, predominantly within the Russell 3000 universe. By targeting returns that exhibit low correlation to overall market trends, the company seeks to provide investors with a more stable investment experience that is less influenced by market volatility.

Products and Services

  • Market Neutral Equity ETF

    This core product is an actively managed ETF that invests across a range of equities within the Russell 3000 index. Its market-neutral strategy aims to create a balanced portfolio that mitigates risk while seeking capital appreciation over time.

  • Quantitative Investment Models

    The company employs advanced quantitative models to analyze market conditions, stock performance, and investment opportunities. These models are crucial in determining which positions to take, enabling the fund to maintain its market-neutral stance effectively.

  • Long and Short Position Strategy

    By implementing a combination of long and short positions, the firm creates a dual approach to capturing value. Long positions are taken in equities expected to outperform, while short positions are adopted in equities anticipated to underperform, allowing for profit generation regardless of overall market direction.

  • Risk Management Protocols

    The company integrates robust risk management processes within its investment framework. By constantly monitoring market conditions and the fund's performance metrics, the team ensures that exposure to undue risk is kept to a minimum, thereby safeguarding investor capital.

  • Performance Reporting

    Clients receive detailed performance reports that illustrate the ETF's returns, risk metrics, and overall effectiveness in achieving its investment objectives. This transparency is vital for maintaining investor confidence and measuring success against benchmarks.

Contact Information

Address: 1001 Liberty Avenue
Phone: 1-412-288-1900