SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSEARCA:SPUS) Sets New 1-Year High – What’s Next?

SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSEARCA:SPUSGet Free Report)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $56.36 and last traded at $56.36, with a volume of 88729 shares traded. The stock had previously closed at $56.25.

SP Funds S&P 500 Sharia Industry Exclusions ETF Price Performance

The stock has a market cap of $2.54 billion, a price-to-earnings ratio of 30.44 and a beta of 1.08. The business’s fifty day simple moving average is $51.09 and its 200 day simple moving average is $51.14.

SP Funds S&P 500 Sharia Industry Exclusions ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, February 23rd. Shareholders of record on Friday, February 20th were issued a $0.026 dividend. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Friday, February 20th.

Institutional Investors Weigh In On SP Funds S&P 500 Sharia Industry Exclusions ETF

Hedge funds have recently added to or reduced their stakes in the stock. Murphy & Mullick Capital Management Corp bought a new stake in SP Funds S&P 500 Sharia Industry Exclusions ETF in the fourth quarter valued at $102,000. Jaffetilchin Investment Partners LLC lifted its stake in SP Funds S&P 500 Sharia Industry Exclusions ETF by 20.9% in the fourth quarter. Jaffetilchin Investment Partners LLC now owns 15,969 shares of the company’s stock valued at $816,000 after buying an additional 2,765 shares during the last quarter. Marshall Wace LLP bought a new stake in SP Funds S&P 500 Sharia Industry Exclusions ETF in the second quarter valued at $1,674,000. Finally, Farther Finance Advisors LLC lifted its stake in SP Funds S&P 500 Sharia Industry Exclusions ETF by 14.1% in the fourth quarter. Farther Finance Advisors LLC now owns 115,189 shares of the company’s stock valued at $5,883,000 after buying an additional 14,261 shares during the last quarter.

SP Funds S&P 500 Sharia Industry Exclusions ETF Company Profile

(Get Free Report)

The SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) is an exchange-traded fund that is based on the S&P 500 Shariah Industry Exclusions index. The fund tracks a market-cap weighted index of S&P 500 stocks that are Sharia-compliant. SPUS was launched on Dec 18, 2019 and is managed by SP Funds.

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