SP Funds S&P Global REIT Sharia ETF (NYSEARCA:SPRE) Shares Down 0.4% – Time to Sell?

SP Funds S&P Global REIT Sharia ETF (NYSEARCA:SPRE – Get Free Report) was down 0.4% during mid-day trading on Friday. The company traded as low as $19.20 and last traded at $19.23. Approximately 49,609 shares traded hands during mid-day trading, a decline of 32% from the average daily volume of 73,134 shares. The stock had previously closed at $19.30.

SP Funds S&P Global REIT Sharia ETF Stock Performance

The stock has a market capitalization of $195.18 million, a P/E ratio of 36.50 and a beta of 1.00. The company’s 50-day moving average price is $20.91 and its 200 day moving average price is $20.87.

SP Funds S&P Global REIT Sharia ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 28th. Shareholders of record on Monday, July 27th were paid a $0.0670 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Monday, July 27th.

SP Funds S&P Global REIT Sharia ETF Company Profile

(Get Free Report)

The SP Funds S&P Global REIT Sharia ETF (SPRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a market-cap-weighted index of Shariah-compliant global REITs. SPRE was launched on Dec 30, 2020 and is managed by SP Funds.

Further Reading

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