SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSEARCA:SPUS) Reaches New 12-Month High – Here’s What Happened

SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSEARCA:SPUS) hit a new 52-week high on Monday . The stock traded as high as $56.36 and last traded at $56.36, with a volume of 88729 shares traded. The stock had previously closed at $56.25.

SP Funds S&P 500 Sharia Industry Exclusions ETF Stock Up 0.7%

The company has a 50 day simple moving average of $50.79 and a two-hundred day simple moving average of $51.01. The company has a market capitalization of $2.55 billion, a P/E ratio of 30.44 and a beta of 1.08.

SP Funds S&P 500 Sharia Industry Exclusions ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, February 23rd. Shareholders of record on Friday, February 20th were paid a dividend of $0.026 per share. This represents a c) annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Friday, February 20th.

Institutional Investors Weigh In On SP Funds S&P 500 Sharia Industry Exclusions ETF

Several large investors have recently added to or reduced their stakes in SPUS. Murphy & Mullick Capital Management Corp bought a new stake in SP Funds S&P 500 Sharia Industry Exclusions ETF during the fourth quarter worth approximately $102,000. Jaffetilchin Investment Partners LLC increased its stake in SP Funds S&P 500 Sharia Industry Exclusions ETF by 20.9% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 15,969 shares of the company’s stock worth $816,000 after acquiring an additional 2,765 shares during the last quarter. Marshall Wace LLP bought a new stake in SP Funds S&P 500 Sharia Industry Exclusions ETF during the second quarter worth approximately $1,674,000. Finally, Farther Finance Advisors LLC increased its stake in SP Funds S&P 500 Sharia Industry Exclusions ETF by 14.1% during the fourth quarter. Farther Finance Advisors LLC now owns 115,189 shares of the company’s stock worth $5,883,000 after acquiring an additional 14,261 shares during the last quarter.

SP Funds S&P 500 Sharia Industry Exclusions ETF Company Profile

The SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) is an exchange-traded fund that is based on the S&P 500 Shariah Industry Exclusions index. The fund tracks a market-cap weighted index of S&P 500 stocks that are Sharia-compliant. SPUS was launched on Dec 18, 2019 and is managed by SP Funds.