abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Trading 0.5% Higher – Time to Buy?

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) traded up 0.5% on Friday . The company traded as high as $40.23 and last traded at $40.23. 25,125 shares traded hands during mid-day trading, an increase of 118% from the average session volume of 11,521 shares. The stock had previously closed at $40.02.

abrdn Emerging Markets Dividend Active ETF Stock Performance

The firm has a 50-day moving average of $38.15 and a 200-day moving average of $36.42. The firm has a market capitalization of $221.67 million, a P/E ratio of 13.90 and a beta of 1.43.

abrdn Emerging Markets Dividend Active ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were issued a $0.1707 dividend. The ex-dividend date was Friday, December 19th. This represents a $0.68 annualized dividend and a dividend yield of 1.7%.

Institutional Investors Weigh In On abrdn Emerging Markets Dividend Active ETF

A hedge fund recently bought a new stake in abrdn Emerging Markets Dividend Active ETF stock. Parallel Advisors LLC acquired a new stake in abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 5,233 shares of the company’s stock, valued at approximately $173,000. Parallel Advisors LLC owned 0.22% of abrdn Emerging Markets Dividend Active ETF at the end of the most recent quarter.

abrdn Emerging Markets Dividend Active ETF Company Profile

The abrdn Emerging Markets Dividend Active ETF (AGEM) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund actively invests in dividend paying companies from emerging markets, selected based on proprietary quality and fundamental factors. AGEM was launched on Feb 18, 2025 and is issued by Abrdn.