Defiance Large Cap ex-Mag 7 ETF (XMAG) to Issue Annual Dividend of $0.12 on December 31st

Defiance Large Cap ex-Mag 7 ETF (NASDAQ:XMAG) announced an annual dividend on Monday, December 29th. Shareholders of record on Tuesday, December 30th will be paid a dividend of 0.1161 per share on Wednesday, December 31st. This represents a yield of 51.0%. The ex-dividend date of this dividend is Tuesday, December 30th.

Defiance Large Cap ex-Mag 7 ETF Price Performance

Shares of XMAG stock traded down $0.10 during trading on Wednesday, reaching $22.57. The company’s stock had a trading volume of 28,416 shares, compared to its average volume of 35,576. Defiance Large Cap ex-Mag 7 ETF has a 1-year low of $17.07 and a 1-year high of $23.44. The stock’s 50-day moving average price is $22.42 and its 200 day moving average price is $21.87. The company has a market capitalization of $53.72 million, a price-to-earnings ratio of 22.97 and a beta of 0.90.

About Defiance Large Cap ex-Mag 7 ETF

The Defiance Large Cap ex-Mag 7 ETF (XMAG) is an exchange-traded fund that is based on the BITA US 500 ex-Magnificent 7 index. The fund tracks an index that provides exposure to large-cap stocks in the US, excluding the seven largest technology stocks. The strategy aims to mitigate the overconcentration and volatility of a select few stocks XMAG was launched on Oct 21, 2024 and is issued by Defiance.