Defiance S&P 500 Target Income ETF (NASDAQ:SPYT) Trading 0.2% Higher – Time to Buy?

Defiance S&P 500 Target Income ETF (NASDAQ:SPYTGet Free Report)’s share price was up 0.2% during mid-day trading on Friday . The stock traded as high as $17.88 and last traded at $17.84. Approximately 107,288 shares were traded during mid-day trading, an increase of 5% from the average daily volume of 102,190 shares. The stock had previously closed at $17.81.

Defiance S&P 500 Target Income ETF Trading Up 0.2%

The stock has a market capitalization of $117.21 million, a PE ratio of 24.93 and a beta of 0.87. The business’s 50 day moving average is $18.08 and its 200 day moving average is $18.04.

About Defiance S&P 500 Target Income ETF

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The Defiance S&P 500 Target Income ETF (SPYT) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds seeking to provide current income through option premiums from daily S&P 500 call spreads. The secondary objective of the fund is to seek exposure to the indexs performance.

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