SWP Growth & Income ETF (NASDAQ:SWP) Trading 1.3% Higher – Here’s What Happened

SWP Growth & Income ETF (NASDAQ:SWPGet Free Report) traded up 1.3% during mid-day trading on Thursday . The company traded as high as $28.63 and last traded at $28.62. 59,031 shares traded hands during trading, an increase of 331% from the average session volume of 13,702 shares. The stock had previously closed at $28.26.

SWP Growth & Income ETF Stock Up 1.3%

The company has a market capitalization of $148.54 million, a price-to-earnings ratio of 26.16 and a beta of 0.99. The company’s 50 day simple moving average is $27.87 and its two-hundred day simple moving average is $28.23.

SWP Growth & Income ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 30th were paid a $0.6332 dividend. This represents a $2.53 annualized dividend and a yield of 8.9%. The ex-dividend date was Monday, March 30th.

Institutional Investors Weigh In On SWP Growth & Income ETF

A hedge fund recently raised its stake in SWP Growth & Income ETF stock. Strategic Wealth Partners Ltd. raised its position in SWP Growth & Income ETF (NASDAQ:SWPFree Report) by 3.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,469,615 shares of the company’s stock after acquiring an additional 127,314 shares during the period. SWP Growth & Income ETF makes up approximately 7.2% of Strategic Wealth Partners Ltd.’s holdings, making the stock its biggest holding. Strategic Wealth Partners Ltd. owned 86.09% of SWP Growth & Income ETF worth $96,033,000 at the end of the most recent quarter.

About SWP Growth & Income ETF

(Get Free Report)

The SWP Growth & Income ETF (SWP) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects income-producing companies in the US that exhibit quality characteristics. It selects securities of any capitalization but significantly focuses on the large-cap spectrum. SWP was launched on Sep 25, 2024 and is issued by SWP.

Further Reading

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