Sound Equity Dividend Income ETF (NYSEARCA:DIVY) Trading Down 0% – Here’s Why

Shares of Sound Equity Dividend Income ETF (NYSEARCA:DIVYGet Free Report) fell 0% during trading on Monday . The company traded as low as $25.97 and last traded at $26.05. 7,547 shares were traded during mid-day trading, an increase of 46% from the average session volume of 5,165 shares. The stock had previously closed at $26.06.

Sound Equity Dividend Income ETF Stock Performance

The firm has a market capitalization of $31.26 million, a P/E ratio of 15.13 and a beta of 0.75. The stock’s 50 day simple moving average is $25.05 and its 200 day simple moving average is $25.13.

About Sound Equity Dividend Income ETF

(Get Free Report)

The Sound Equity Income ETF (DIVY) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed, narrow portfolio, of US large- and mid-cap stocks, fundamentally selected for capital appreciation and dividend yield. DIVY was launched on Dec 30, 2020 and is managed by Tidal.

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