Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Shares Down 0.5% – Here’s Why

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) shares were down 0.5% on Tuesday . The stock traded as low as $21.05 and last traded at $21.24. Approximately 21,117 shares changed hands during trading, an increase of 135% from the average daily volume of 8,993 shares. The stock had previously closed at $21.34.

Westwood Salient Enhanced Energy Income ETF Price Performance

The stock’s fifty day simple moving average is $21.09 and its 200-day simple moving average is $20.87. The stock has a market cap of $18.69 million and a P/E ratio of 15.37.

Westwood Salient Enhanced Energy Income ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, October 6th. Investors of record on Monday, September 29th will be issued a $0.225 dividend. The ex-dividend date of this dividend is Monday, September 29th. This represents a c) annualized dividend and a dividend yield of 12.7%.

Westwood Salient Enhanced Energy Income ETF Company Profile

The Westwood Salient Enhanced Energy Income ETF (WEEI) is an exchange-traded fund that mostly invests in energy equity. The fund is an actively managed portfolio seeking to provide monthly income by investing in North American energy companies and writing 1-month call options, on a recurring basis. Stocks are selected and weighted based on fundamental criteria.