Essential 40 Stock ETF (NASDAQ:ESN) Stock Price Up 0.2% – Here’s What Happened

Essential 40 Stock ETF (NASDAQ:ESN)’s share price was up 0.2% during mid-day trading on Friday . The company traded as high as $18.19 and last traded at $18.18. Approximately 26,144 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 50,066 shares. The stock had previously closed at $18.15.

Essential 40 Stock ETF Trading Up 0.2%

The stock has a market cap of $213.62 million, a P/E ratio of 19.18 and a beta of 0.79. The business’s fifty day simple moving average is $17.73 and its 200 day simple moving average is $17.19.

Essential 40 Stock ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Friday, December 19th. Investors of record on Thursday, December 11th were issued a $0.156 dividend. The ex-dividend date of this dividend was Thursday, December 11th. This represents a dividend yield of 91.0%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Essential 40 Stock ETF stock. Janney Montgomery Scott LLC bought a new stake in Essential 40 Stock ETF (NASDAQ:ESN) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 37,643 shares of the company’s stock, valued at approximately $646,000. Janney Montgomery Scott LLC owned 0.32% of Essential 40 Stock ETF as of its most recent filing with the Securities and Exchange Commission.

Essential 40 Stock ETF Company Profile

The Essential 40 Stock ETF (ESN) is an exchange-traded fund that is based on the Essential 40 Stock index. The fund attempts to track an index of 40 US blue-chip stocks that are deemed essential to the US economy by the index provider. Holdings are equally weighted in the index ESN was launched on Jun 11, 2014 and is issued by KKM Financial.