SGI Enhanced Global Income ETF (NASDAQ:GINX) Trading 0.9% Higher – Still a Buy?

SGI Enhanced Global Income ETF (NASDAQ:GINX)’s stock price rose 0.9% on Wednesday . The stock traded as high as $34.03 and last traded at $33.88. Approximately 17,911 shares changed hands during trading, an increase of 90% from the average daily volume of 9,448 shares. The stock had previously closed at $33.59.

SGI Enhanced Global Income ETF Stock Performance

The company’s 50 day moving average price is $31.78 and its 200-day moving average price is $30.17. The stock has a market cap of $83.01 million, a P/E ratio of 13.81 and a beta of 0.49.

SGI Enhanced Global Income ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd were paid a $0.371 dividend. The ex-dividend date was Tuesday, December 23rd.

SGI Enhanced Global Income ETF Company Profile

The SGI Global Enhanced Income ETF (GINX) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of global companies while employing a put-and-call options strategy. The fund seeks to generate income from dividends and selling short-term options. GINX was launched on Feb 29, 2024 and is issued by Summit Global Investments.