One Global ETF (NYSEARCA:FFND) Shares Down 1.5% – Here’s Why

One Global ETF (NYSEARCA:FFND) traded down 1.5% during trading on Tuesday . The company traded as low as $29.95 and last traded at $30.22. 4,758 shares traded hands during trading, a decline of 50% from the average session volume of 9,428 shares. The stock had previously closed at $30.67.

One Global ETF Stock Performance

The firm has a market capitalization of $93.08 million, a price-to-earnings ratio of 22.16 and a beta of 1.30. The stock’s fifty day moving average is $30.76 and its two-hundred day moving average is $30.12.

One Global ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Friday, December 26th were paid a dividend of $0.1954 per share. The ex-dividend date was Friday, December 26th. This represents a $0.78 annualized dividend and a dividend yield of 2.6%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in One Global ETF stock. One Capital Management LLC boosted its holdings in shares of One Global ETF (NYSEARCA:FFND) by 21.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,113,799 shares of the company’s stock after purchasing an additional 548,721 shares during the quarter. One Global ETF makes up approximately 3.0% of One Capital Management LLC’s holdings, making the stock its 6th largest holding. One Capital Management LLC owned about 88.97% of One Global ETF worth $92,992,000 as of its most recent SEC filing.

About One Global ETF

The Future Fund Active ETF (FFND) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks long-term capital growth from an actively managed fund of US-listed stocks that benefit from emerging secular trends driven by technological, social and environmental changes. FFND was launched on Aug 24, 2021 and is managed by The Future Fund.