Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) Plans $0.22 Annual Dividend

Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) announced an annual dividend on Tuesday, December 30th. Investors of record on Wednesday, December 31st will be given a dividend of 0.2241 per share on Friday, January 2nd. This represents a dividend yield of 80.0%. The ex-dividend date of this dividend is Wednesday, December 31st.

Innovator Gradient Tactical Rotation Strategy ETF Stock Down 1.4%

IGTR traded down $0.39 during trading on Wednesday, reaching $28.11. 2,178 shares of the company were exchanged, compared to its average volume of 16,472. Innovator Gradient Tactical Rotation Strategy ETF has a 12-month low of $22.07 and a 12-month high of $28.60. The company’s 50-day moving average is $27.36 and its two-hundred day moving average is $25.99. The company has a market cap of $59.03 million, a price-to-earnings ratio of 18.93 and a beta of 0.74.

Innovator Gradient Tactical Rotation Strategy ETF Company Profile

The Innovator Gradient Tactical Rotation Strategy ETF (IGTR) is an exchange-traded fund that is based on the S&P Global BMI – USD index. The fund is an actively managed fund that uses a proprietary, rules-based approach to toggle investments among various equity markets and cash. The funds tactical strategy determines investments based on momentum. IGTR was launched on Nov 17, 2022 and is managed by Innovator.