U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) Shares Up 1.2% – Here’s What Happened

U.S. Small Cap Equity Active ETF (NASDAQ:RUSC)’s stock price was up 1.2% during trading on Thursday . The company traded as high as $33.41 and last traded at $33.31. Approximately 5,802 shares were traded during trading, an increase of 20% from the average daily volume of 4,820 shares. The stock had previously closed at $32.92.

U.S. Small Cap Equity Active ETF Trading Down 0.3%

The company has a 50-day moving average of $31.33 and a 200-day moving average of $30.19.

U.S. Small Cap Equity Active ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Friday, December 19th. Stockholders of record on Wednesday, December 17th were given a dividend of $0.1191 per share. This represents a dividend yield of 38.0%. The ex-dividend date was Wednesday, December 17th.

Institutional Trading of U.S. Small Cap Equity Active ETF

A hedge fund recently bought a new stake in U.S. Small Cap Equity Active ETF stock. Baird Financial Group Inc. purchased a new position in shares of U.S. Small Cap Equity Active ETF (NASDAQ:RUSC) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 66,344 shares of the company’s stock, valued at approximately $1,830,000. Baird Financial Group Inc. owned about 7.37% of U.S. Small Cap Equity Active ETF as of its most recent filing with the SEC.

About U.S. Small Cap Equity Active ETF

Russell Investments Exchange Traded Funds – U.S. Small Cap Equity Active ETF is an exchange traded fund launched and managed by Russell Investment Management, LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth, value and volatility stocks of small-cap companies, within the market capitalization range of the Russell 2000 Index. The fund employs quantitative analysis to create its portfolio.