SWP Growth & Income ETF (NASDAQ:SWP) Trading Up 0.3% – Still a Buy?

SWP Growth & Income ETF (NASDAQ:SWP) shares were up 0.3% on Friday . The company traded as high as $29.08 and last traded at $28.90. Approximately 11,216 shares traded hands during mid-day trading, a decline of 3% from the average daily volume of 11,571 shares. The stock had previously closed at $28.82.

SWP Growth & Income ETF Price Performance

The company has a market cap of $145.95 million, a price-to-earnings ratio of 26.16 and a beta of 1.09. The firm has a 50 day simple moving average of $28.61 and a 200-day simple moving average of $28.07.

SWP Growth & Income ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were paid a $0.8006 dividend. The ex-dividend date was Tuesday, December 30th. This represents a $3.20 dividend on an annualized basis and a yield of 11.1%.

Hedge Funds Weigh In On SWP Growth & Income ETF

An institutional investor recently raised its position in SWP Growth & Income ETF stock. Strategic Wealth Partners Ltd. boosted its position in SWP Growth & Income ETF (NASDAQ:SWP) by 3.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,469,615 shares of the company’s stock after purchasing an additional 127,314 shares during the quarter. SWP Growth & Income ETF comprises about 7.2% of Strategic Wealth Partners Ltd.’s holdings, making the stock its largest position. Strategic Wealth Partners Ltd. owned 86.09% of SWP Growth & Income ETF worth $96,033,000 at the end of the most recent reporting period.

About SWP Growth & Income ETF

The SWP Growth & Income ETF (SWP) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects income-producing companies in the US that exhibit quality characteristics. It selects securities of any capitalization but significantly focuses on the large-cap spectrum. SWP was launched on Sep 25, 2024 and is issued by SWP.