Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Shares Up 0.2% – Time to Buy?

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) traded up 0.2% during mid-day trading on Thursday . The company traded as high as $23.70 and last traded at $23.56. 43,664 shares changed hands during trading, an increase of 45% from the average session volume of 30,047 shares. The stock had previously closed at $23.51.

Westwood Salient Enhanced Energy Income ETF Price Performance

The company has a market capitalization of $42.41 million, a PE ratio of 15.37 and a beta of 0.54. The company’s 50 day simple moving average is $22.18 and its 200 day simple moving average is $21.48.

Westwood Salient Enhanced Energy Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, February 3rd. Stockholders of record on Thursday, January 29th were issued a $0.225 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 11.5%. The ex-dividend date of this dividend was Thursday, January 29th.

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.