SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) Plans $0.02 Quarterly Dividend

SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) announced a quarterly dividend on Tuesday, December 23rd. Investors of record on Wednesday, December 24th will be given a dividend of 0.0223 per share on Friday, December 26th. This represents a c) annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Wednesday, December 24th.

SMI 3Fourteen Full-Cycle Trend ETF Price Performance

SMI 3Fourteen Full-Cycle Trend ETF stock opened at $25.33 on Wednesday. SMI 3Fourteen Full-Cycle Trend ETF has a fifty-two week low of $21.55 and a fifty-two week high of $27.74. The firm has a market cap of $278.63 million, a price-to-earnings ratio of 28.39 and a beta of 0.78. The firm has a fifty day moving average price of $24.99 and a two-hundred day moving average price of $25.79.

Institutional Investors Weigh In On SMI 3Fourteen Full-Cycle Trend ETF

Large investors have recently bought and sold shares of the company. Flow Traders U.S. LLC bought a new position in shares of SMI 3Fourteen Full-Cycle Trend ETF during the second quarter worth $644,000. Ancora Advisors LLC raised its stake in SMI 3Fourteen Full-Cycle Trend ETF by 333.3% during the 1st quarter. Ancora Advisors LLC now owns 13,000 shares of the company’s stock worth $326,000 after buying an additional 10,000 shares during the period. Finally, JPMorgan Chase & Co. bought a new position in SMI 3Fourteen Full-Cycle Trend ETF during the third quarter worth about $50,000.

About SMI 3Fourteen Full-Cycle Trend ETF

The SMI 3Fourteen Full-Cycle Trend ETF (FCTE) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks long-term capital appreciation by actively managing a narrow portfolio of large-cap US stocks. Stock selection is based on a proprietary model that screens for quality metrics and trend factors. FCTE was launched on Jul 2, 2024 and is issued by SMI Funds.