Defiance S&P 500 Target Income ETF (NASDAQ:SPYT) Shares Up 0.2% – Time to Buy?

Shares of Defiance S&P 500 Target Income ETF (NASDAQ:SPYTGet Free Report) shot up 0.2% during mid-day trading on Friday . The company traded as high as $17.88 and last traded at $17.84. 107,288 shares changed hands during trading, an increase of 5% from the average session volume of 102,190 shares. The stock had previously closed at $17.81.

Defiance S&P 500 Target Income ETF Stock Up 0.2%

The company has a market cap of $117.21 million, a P/E ratio of 24.93 and a beta of 0.87. The company has a 50 day moving average price of $18.08 and a 200-day moving average price of $18.03.

Defiance S&P 500 Target Income ETF Company Profile

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The Defiance S&P 500 Target Income ETF (SPYT) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds seeking to provide current income through option premiums from daily S&P 500 call spreads. The secondary objective of the fund is to seek exposure to the indexs performance.

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