Point Bridge America First ETF (BATS:MAGA) Trading Up 0.4% – Time to Buy?

Point Bridge America First ETF (BATS:MAGA)’s stock price was up 0.4% during trading on Tuesday . The stock traded as high as $55.74 and last traded at $55.72. Approximately 758 shares traded hands during mid-day trading, a decline of 50% from the average daily volume of 1,502 shares. The stock had previously closed at $55.48.

Point Bridge America First ETF Stock Up 0.4%

The firm has a market capitalization of $34.83 million, a P/E ratio of 20.33 and a beta of 0.94. The business’s 50 day moving average is $53.10 and its 200-day moving average is $52.29.

Point Bridge America First ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were issued a dividend of $0.826 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a dividend yield of 159.0%.

Institutional Trading of Point Bridge America First ETF

An institutional investor recently bought a new position in Point Bridge America First ETF stock. KERR FINANCIAL PLANNING Corp bought a new position in shares of Point Bridge America First ETF (BATS:MAGA) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,700 shares of the company’s stock, valued at approximately $138,000. KERR FINANCIAL PLANNING Corp owned approximately 0.43% of Point Bridge America First ETF at the end of the most recent quarter.

Point Bridge America First ETF Company Profile

The Point Bridge America First ETF (MAGA) is an exchange-traded fund that is based on the Point Bridge America First index. The fund tracks an index of US large-cap companies whose employees and political action committees are highly supportive of Republican candidates. MAGA was launched on Sep 6, 2017 and is managed by Point Bridge Capital.