SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) Hits New 52-Week High – Here’s Why

Shares of SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $28.73 and last traded at $28.73, with a volume of 51491 shares trading hands. The stock had previously closed at $28.50.

SMI 3Fourteen REAL Asset Allocation ETF Price Performance

The company has a market cap of $538.69 million, a P/E ratio of 25.16 and a beta of 0.86. The stock has a fifty day moving average price of $27.80 and a two-hundred day moving average price of $27.16.

SMI 3Fourteen REAL Asset Allocation ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 24th were issued a $0.3464 dividend. The ex-dividend date was Wednesday, December 24th.

Institutional Investors Weigh In On SMI 3Fourteen REAL Asset Allocation ETF

An institutional investor recently raised its position in SMI 3Fourteen REAL Asset Allocation ETF stock. EverSource Wealth Advisors LLC grew its position in shares of SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) by 13.8% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 337,882 shares of the company’s stock after buying an additional 40,863 shares during the quarter. EverSource Wealth Advisors LLC owned 1.62% of SMI 3Fourteen REAL Asset Allocation ETF worth $9,168,000 as of its most recent filing with the Securities & Exchange Commission.

About SMI 3Fourteen REAL Asset Allocation ETF

The SMI 3Fourteen REAL Asset Allocation ETF (RAA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund of funds. The strategy involves monitoring five broad asset classes and adjusting the weighting to each using various trend-following techniques RAA was launched on Feb 26, 2025 and is issued by SMI Funds.