Guru Favorite Stocks ETF (NASDAQ:GFGF) Shares Down 0.5% – Here’s What Happened

Guru Favorite Stocks ETF (NASDAQ:GFGF) was down 0.5% during trading on Wednesday . The stock traded as low as $35.60 and last traded at $35.5977. Approximately 11 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 1,801 shares. The stock had previously closed at $35.76.

Guru Favorite Stocks ETF Stock Down 0.5%

The stock has a market cap of $37.73 million, a P/E ratio of 31.06 and a beta of 1.06. The firm’s 50-day moving average is $35.04 and its two-hundred day moving average is $34.04.

Guru Favorite Stocks ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were issued a dividend of $0.0752 per share. The ex-dividend date was Tuesday, December 23rd. This represents a dividend yield of 21.0%.

Hedge Funds Weigh In On Guru Favorite Stocks ETF

An institutional investor recently raised its position in Guru Favorite Stocks ETF stock. Royal Bank of Canada raised its stake in shares of Guru Favorite Stocks ETF (NASDAQ:GFGF) by 96.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,750 shares of the company’s stock after buying an additional 6,269 shares during the period. Royal Bank of Canada owned 1.20% of Guru Favorite Stocks ETF worth $390,000 at the end of the most recent quarter.

Guru Favorite Stocks ETF Company Profile

The Guru Favorite Stocks ETF Guru Favorite Stocks Fund (GFGF) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US-listed companies that are favored by prominent long-term investors. GFGF was launched on Dec 16, 2021 and is managed by Alpha Architect.