Gotham Enhanced 500 ETF (NYSEARCA:GSPY) Sees Strong Trading Volume – Still a Buy?

Gotham Enhanced 500 ETF (NYSEARCA:GSPYGet Free Report) shares saw an uptick in trading volume on Friday . 5,618 shares changed hands during mid-day trading, an increase of 135% from the previous session’s volume of 2,390 shares.The stock last traded at $37.50 and had previously closed at $37.64.

Gotham Enhanced 500 ETF Price Performance

The company has a market capitalization of $651.05 million, a P/E ratio of 22.50 and a beta of 0.97. The business’s 50-day moving average price is $37.20 and its two-hundred day moving average price is $36.40.

Gotham Enhanced 500 ETF Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Thursday, December 11th. Stockholders of record on Wednesday, December 10th were paid a $0.9628 dividend. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a dividend yield of 261.0%.

Gotham Enhanced 500 ETF Company Profile

(Get Free Report)

The Gotham Enhanced 500 ETF (GSPY) is an exchange-traded fund that mostly invests in large cap equity. The fund actively seeks long-term capital appreciation by reweighting the components of the S&P 500 Index based on proprietary fundamental research. GSPY was launched on Dec 28, 2020 and is managed by Gotham.

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