SWP Growth & Income ETF (NASDAQ:SWP) Stock Price Down 1.5% – What’s Next?

SWP Growth & Income ETF (NASDAQ:SWP)’s stock price dropped 1.5% during trading on Thursday . The stock traded as low as $27.52 and last traded at $27.59. Approximately 13,169 shares changed hands during trading, an increase of 9% from the average daily volume of 12,116 shares. The stock had previously closed at $28.01.

SWP Growth & Income ETF Stock Performance

The firm has a market capitalization of $138.07 million, a PE ratio of 26.16 and a beta of 1.09. The company’s 50 day simple moving average is $28.62 and its 200-day simple moving average is $28.28.

SWP Growth & Income ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were given a $0.8006 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 11.7%. The ex-dividend date was Tuesday, December 30th.

Hedge Funds Weigh In On SWP Growth & Income ETF

A hedge fund recently raised its stake in SWP Growth & Income ETF stock. Strategic Wealth Partners Ltd. boosted its holdings in SWP Growth & Income ETF (NASDAQ:SWP) by 3.8% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,469,615 shares of the company’s stock after acquiring an additional 127,314 shares during the quarter. SWP Growth & Income ETF accounts for about 7.2% of Strategic Wealth Partners Ltd.’s investment portfolio, making the stock its largest position. Strategic Wealth Partners Ltd. owned 86.09% of SWP Growth & Income ETF worth $96,033,000 as of its most recent SEC filing.

About SWP Growth & Income ETF

The SWP Growth & Income ETF (SWP) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects income-producing companies in the US that exhibit quality characteristics. It selects securities of any capitalization but significantly focuses on the large-cap spectrum. SWP was launched on Sep 25, 2024 and is issued by SWP.