Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) Stock Price Down 2.6% – What’s Next?

Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT)’s share price dropped 2.6% during mid-day trading on Thursday . The stock traded as low as $17.26 and last traded at $17.31. Approximately 66,968 shares changed hands during mid-day trading, an increase of 185% from the average daily volume of 23,502 shares. The stock had previously closed at $17.78.

Defiance Nasdaq 100 Income Target ETF Trading Up 0.4%

The company’s fifty day simple moving average is $18.33 and its 200-day simple moving average is $17.97. The stock has a market cap of $31.81 million, a P/E ratio of 30.50 and a beta of 1.07.

Defiance Nasdaq 100 Income Target ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 4th. Investors of record on Monday, November 3rd were given a $0.3265 dividend. This represents a c) annualized dividend and a yield of 22.5%. The ex-dividend date of this dividend was Monday, November 3rd.

Institutional Investors Weigh In On Defiance Nasdaq 100 Income Target ETF

A hedge fund recently bought a new stake in Defiance Nasdaq 100 Income Target ETF stock. OLD Mission Capital LLC acquired a new stake in Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 32,807 shares of the company’s stock, valued at approximately $546,000. OLD Mission Capital LLC owned 2.67% of Defiance Nasdaq 100 Income Target ETF at the end of the most recent quarter.

Defiance Nasdaq 100 Income Target ETF Company Profile

The Defiance Nasdaq 100 Income Target ETF (QQQT) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that seeks current annual income of 20% by selling daily index call spreads on the Nasdaq 100. QQQT was launched on Jun 20, 2024 and is issued by Defiance.