SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSEARCA:SPUS) Reaches New 1-Year High – Should You Buy?

SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSEARCA:SPUSGet Free Report)’s stock price reached a new 52-week high on Monday . The company traded as high as $59.70 and last traded at $59.6850, with a volume of 246001 shares changing hands. The stock had previously closed at $58.91.

SP Funds S&P 500 Sharia Industry Exclusions ETF Price Performance

The stock’s 50-day moving average is $58.01 and its 200-day moving average is $55.37. The stock has a market cap of $3.04 billion, a price-to-earnings ratio of 30.44 and a beta of 1.09.

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

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 28th. Investors of record on Monday, July 27th were paid a $0.026 dividend. This represents a c) annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, July 27th.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Evansbrook LLC acquired a new stake in shares of SP Funds S&P 500 Sharia Industry Exclusions ETF in the first quarter worth approximately $243,000. Murphy & Mullick Capital Management Corp purchased a new position in SP Funds S&P 500 Sharia Industry Exclusions ETF during the fourth quarter worth approximately $102,000. Finally, Operose Advisors LLC acquired a new position in shares of SP Funds S&P 500 Sharia Industry Exclusions ETF in the 2nd quarter valued at $33,000.

About SP Funds S&P 500 Sharia Industry Exclusions ETF

(Get Free Report)

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.

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