Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) Shares Up 0.1% – Time to Buy?

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) shares were up 0.1% during mid-day trading on Friday . The company traded as high as $30.73 and last traded at $30.60. 5,011 shares were traded during trading, a decline of 16% from the average daily volume of 5,994 shares. The stock had previously closed at $30.58.

Calamos Nasdaq Equity & Income ETF Trading Up 0.1%

The company has a fifty day moving average price of $30.39 and a 200 day moving average price of $29.82.

Calamos Nasdaq Equity & Income ETF Announces Dividend

The business also recently announced a dividend, which was paid on Monday, August 10th. Shareholders of record on Monday, August 3rd were given a dividend of $0.1109 per share. The ex-dividend date was Monday, August 3rd.

Hedge Funds Weigh In On Calamos Nasdaq Equity & Income ETF

A number of institutional investors have recently made changes to their positions in CANQ. Mutual Advisors LLC raised its position in shares of Calamos Nasdaq Equity & Income ETF by 3.8% during the 4th quarter. Mutual Advisors LLC now owns 310,729 shares of the company’s stock valued at $9,251,000 after buying an additional 11,417 shares in the last quarter. Calamos Advisors LLC purchased a new position in Calamos Nasdaq Equity & Income ETF in the first quarter worth $5,326,000. Calamos Wealth Management LLC grew its position in Calamos Nasdaq Equity & Income ETF by 42.2% in the first quarter. Calamos Wealth Management LLC now owns 191,167 shares of the company’s stock worth $5,326,000 after acquiring an additional 56,719 shares in the last quarter. IFP Advisors Inc increased its stake in Calamos Nasdaq Equity & Income ETF by 6.1% in the fourth quarter. IFP Advisors Inc now owns 23,973 shares of the company’s stock valued at $714,000 after acquiring an additional 1,370 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in Calamos Nasdaq Equity & Income ETF in the second quarter valued at $382,000.

About Calamos Nasdaq Equity & Income ETF

The Calamos Alternative Nasdaq & Bond ETF (CANQ) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is actively managed to provide convertible security-like exposure to the NASDAQ-100 Index. The portfolio contains a mix of equity options and fixed income exposure to pursue favorable risk-adjusted returns CANQ was launched on Feb 13, 2024 and is issued by Calamos.