F/m Opportunistic Income ETF (NASDAQ:XFIX) Trading Up 0% – Here’s Why

F/m Opportunistic Income ETF (NASDAQ:XFIX)’s share price traded up 0% during mid-day trading on Friday . The company traded as high as $51.96 and last traded at $51.9450. 1,225 shares were traded during mid-day trading, a decline of 53% from the average session volume of 2,580 shares. The stock had previously closed at $51.9250.

F/m Opportunistic Income ETF Stock Performance

The business has a 50-day simple moving average of $52.05 and a two-hundred day simple moving average of $52.03.

F/m Opportunistic Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were given a $0.2028 dividend. The ex-dividend date of this dividend was Tuesday, December 30th.

Hedge Funds Weigh In On F/m Opportunistic Income ETF

A hedge fund recently bought a new stake in F/m Opportunistic Income ETF stock. HORAN Wealth LLC bought a new position in shares of F/m Opportunistic Income ETF (NASDAQ:XFIX) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 7,748 shares of the company’s stock, valued at approximately $403,000. HORAN Wealth LLC owned approximately 0.89% of F/m Opportunistic Income ETF as of its most recent filing with the Securities & Exchange Commission.

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.