F/m Opportunistic Income ETF (NASDAQ:XFIX) Stock Price Up 0.1% – Should You Buy?

F/m Opportunistic Income ETF (NASDAQ:XFIX)’s share price shot up 0.1% on Wednesday . The company traded as high as $52.13 and last traded at $52.13. 17 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 2,573 shares. The stock had previously closed at $52.06.

F/m Opportunistic Income ETF Stock Up 0.1%

The business has a 50 day simple moving average of $52.08 and a 200 day simple moving average of $51.90.

F/m Opportunistic Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Tuesday, December 2nd were issued a dividend of $0.2158 per share. The ex-dividend date of this dividend was Tuesday, December 2nd.

Institutional Trading of F/m Opportunistic Income ETF

An institutional investor recently bought a new position in F/m Opportunistic Income ETF stock. Crews Bank & Trust bought a new position in shares of F/m Opportunistic Income ETF (NASDAQ:XFIX) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,000 shares of the company’s stock, valued at approximately $52,000. Crews Bank & Trust owned 0.13% of F/m Opportunistic Income ETF as of its most recent SEC filing.

F/m Opportunistic Income ETF Company Profile

The F/m Opportunistic Income ETF (XFIX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that focuses on investing in what is perceived to be undervalued sectors and securities in the US fixed income space. The fund has no limitations in terms of maturity or credit quality. XFIX was launched on Sep 6, 2023 and is issued by F/m Investments.