Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Shares Up 0% – Should You Buy?

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI)’s share price was up 0% during mid-day trading on Friday . The stock traded as high as $21.90 and last traded at $21.80. Approximately 37,703 shares traded hands during mid-day trading, an increase of 26% from the average daily volume of 29,917 shares. The stock had previously closed at $21.79.

Westwood Salient Enhanced Energy Income ETF Stock Performance

The stock’s 50-day moving average is $21.35 and its 200 day moving average is $21.15. The stock has a market capitalization of $34.88 million, a PE ratio of 15.37 and a beta of 0.54.

Westwood Salient Enhanced Energy Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 9th. Stockholders of record on Monday, January 5th were given a dividend of $0.225 per share. The ex-dividend date was Monday, January 5th. This represents a c) dividend on an annualized basis and a dividend yield of 12.4%.

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. WEEI was launched on May 1, 2024 and is issued by Westwood.