Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) Stock Price Up 0.2% – Here’s Why

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ)’s stock price traded up 0.2% during mid-day trading on Tuesday . The company traded as high as $30.44 and last traded at $30.47. 3,443 shares traded hands during mid-day trading, a decline of 63% from the average session volume of 9,242 shares. The stock had previously closed at $30.42.

Calamos Nasdaq Equity & Income ETF Stock Up 0.2%

The firm has a fifty day simple moving average of $30.42 and a 200 day simple moving average of $29.45.

Calamos Nasdaq Equity & Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, December 5th. Investors of record on Monday, December 1st were issued a $0.11 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Monday, December 1st.

Hedge Funds Weigh In On Calamos Nasdaq Equity & Income ETF

A number of large investors have recently bought and sold shares of the stock. Osaic Holdings Inc. boosted its holdings in shares of Calamos Nasdaq Equity & Income ETF by 155.4% in the 2nd quarter. Osaic Holdings Inc. now owns 3,778 shares of the company’s stock valued at $109,000 after purchasing an additional 2,299 shares during the last quarter. WMG Financial Advisors LLC purchased a new position in shares of Calamos Nasdaq Equity & Income ETF in the 3rd quarter worth $238,000. Prosperity Wealth Management Inc. boosted its holdings in Calamos Nasdaq Equity & Income ETF by 14.2% in the third quarter. Prosperity Wealth Management Inc. now owns 10,119 shares of the company’s stock valued at $305,000 after acquiring an additional 1,256 shares during the last quarter. Brookwood Investment Group LLC purchased a new stake in Calamos Nasdaq Equity & Income ETF during the third quarter valued at about $356,000. Finally, Jane Street Group LLC acquired a new stake in Calamos Nasdaq Equity & Income ETF during the second quarter worth about $382,000.

Calamos Nasdaq Equity & Income ETF Company Profile

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.