Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) Shares Down 1% – Should You Sell?

Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ)’s share price dropped 1% on Monday . The company traded as low as $35.11 and last traded at $35.19. Approximately 2,268 shares changed hands during trading, a decline of 86% from the average daily volume of 16,130 shares. The stock had previously closed at $35.56.

Astoria US Quality Growth Kings ETF Price Performance

The company has a market capitalization of $176.11 million, a P/E ratio of 27.86 and a beta of 1.28. The stock’s fifty day simple moving average is $35.42 and its 200-day simple moving average is $33.83.

Astoria US Quality Growth Kings ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were paid a $0.0314 dividend. The ex-dividend date of this dividend was Monday, June 29th. This represents a $0.13 dividend on an annualized basis and a yield of 0.4%.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Astoria US Quality Growth Kings ETF stock. Sound Income Strategies LLC bought a new stake in Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,638 shares of the company’s stock, valued at approximately $310,000. Sound Income Strategies LLC owned about 0.27% of Astoria US Quality Growth Kings ETF at the end of the most recent quarter.

Astoria US Quality Growth Kings ETF Company Profile

The Astoria US Quality Growth Kings ETF (GQQQ) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of 75 to 100 US companies exhibiting quality and growth characteristics. The fund uses a quantitative approach to stock selection GQQQ was launched on Oct 1, 2024 and is issued by Astoria.