SWP Growth & Income ETF (NASDAQ:SWP) Shares Down 0.8% – Here’s What Happened

SWP Growth & Income ETF (NASDAQ:SWP)’s stock price dropped 0.8% during trading on Friday . The company traded as low as $27.88 and last traded at $27.95. 12,182 shares traded hands during trading, a decline of 3% from the average daily volume of 12,590 shares. The stock had previously closed at $28.18.

SWP Growth & Income ETF Stock Down 0.8%

The business has a 50 day moving average price of $28.52 and a two-hundred day moving average price of $28.32. The stock has a market cap of $148.69 million, a P/E ratio of 26.16 and a beta of 0.87.

SWP Growth & Income ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were issued a dividend of $0.616 per share. The ex-dividend date of this dividend was Monday, June 29th.

Hedge Funds Weigh In On SWP Growth & Income ETF

A hedge fund recently raised its position in SWP Growth & Income ETF stock. Strategic Wealth Partners Ltd. boosted its stake in shares of SWP Growth & Income ETF (NASDAQ:SWP) by 3.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,469,615 shares of the company’s stock after acquiring an additional 127,314 shares during the period. SWP Growth & Income ETF accounts for 7.2% of Strategic Wealth Partners Ltd.’s portfolio, making the stock its largest holding. Strategic Wealth Partners Ltd. owned approximately 86.09% of SWP Growth & Income ETF worth $96,033,000 as of its most recent filing with the SEC.

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.