ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) Stock Price Down 0.7% – Here’s What Happened

Shares of ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) fell 0.7% on Friday . The stock traded as low as $35.84 and last traded at $35.86. 2,509 shares were traded during trading, a decline of 63% from the average session volume of 6,864 shares. The stock had previously closed at $36.10.

ROBO Global Healthcare Technology and Innovation ETF Price Performance

The stock has a fifty day simple moving average of $33.34 and a 200-day simple moving average of $30.46. The company has a market capitalization of $53.79 million, a price-to-earnings ratio of -10,022.36 and a beta of 1.11.

Institutional Trading of 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 acquired a new position in ROBO Global Healthcare Technology and Innovation ETF (NYSEARCA:HTEC) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. 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 as of its most recent filing with the Securities & Exchange Commission. 1.96% of the stock is owned by institutional investors and hedge funds.

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.