SP Funds S&P World (ex-US) ETF (NYSEARCA:SPWO) Trading Down 0.7% – Here’s Why

SP Funds S&P World (ex-US) ETF (NYSEARCA:SPWO)’s stock price dropped 0.7% on Thursday . The company traded as low as $27.58 and last traded at $28.31. Approximately 30,697 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 66,865 shares. The stock had previously closed at $28.51.

SP Funds S&P World (ex-US) ETF Trading Down 0.7%

The firm has a market cap of $130.79 million, a PE ratio of 21.74 and a beta of 0.67. The business’s 50-day simple moving average is $29.47 and its 200 day simple moving average is $28.00.

SP Funds S&P World (ex-US) ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, February 23rd. Stockholders of record on Friday, February 20th were paid a dividend of $0.0255 per share. The ex-dividend date was Friday, February 20th. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%.

Hedge Funds Weigh In On SP Funds S&P World (ex-US) ETF

Large investors have recently bought and sold shares of the business. Pacific Center for Financial Services bought a new stake in SP Funds S&P World (ex-US) ETF during the 2nd quarter valued at $38,000. CWM LLC raised its position in shares of SP Funds S&P World (ex-US) ETF by 31.4% in the 4th quarter. CWM LLC now owns 6,737 shares of the company’s stock worth $184,000 after acquiring an additional 1,608 shares in the last quarter. Farther Finance Advisors LLC bought a new position in shares of SP Funds S&P World (ex-US) ETF in the 4th quarter worth $52,000. TD Waterhouse Canada Inc. lifted its stake in shares of SP Funds S&P World (ex-US) ETF by 4.9% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 49,263 shares of the company’s stock worth $1,330,000 after purchasing an additional 2,295 shares during the last quarter. Finally, Strengthening Families & Communities LLC lifted its stake in shares of SP Funds S&P World (ex-US) ETF by 243.6% during the 4th quarter. Strengthening Families & Communities LLC now owns 6,955 shares of the company’s stock worth $190,000 after purchasing an additional 4,931 shares during the last quarter.

SP Funds S&P World (ex-US) ETF Company Profile

The SP Funds S&P World (ex-US) ETF (SPWO) is an exchange-traded fund that is based on the S&P DM Ex-U.S. & EM 50/50 Shariah index. The fund tracks an index of 500 Sharia-compliant companies from developed and emerging markets outside the US. Holdings are modified market cap-weighted SPWO was launched on Dec 19, 2023 and is issued by SP Funds.