Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) Trading Up 0.2% – Here’s Why

Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT)’s share price was up 0.2% during mid-day trading on Friday . The company traded as high as $16.80 and last traded at $16.71. Approximately 35,815 shares were traded during trading, a decline of 6% from the average daily volume of 37,964 shares. The stock had previously closed at $16.67.

Defiance Nasdaq 100 Income Target ETF Trading Up 0.2%

The company’s fifty day simple moving average is $17.55 and its 200 day simple moving average is $17.97. The firm has a market capitalization of $36.26 million, a P/E ratio of 30.50 and a beta of 1.07.

Defiance Nasdaq 100 Income Target ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, February 3rd. Investors of record on Monday, February 2nd were paid a $0.2957 dividend. This represents a c) dividend on an annualized basis and a yield of 21.2%. The ex-dividend date of this dividend was Monday, February 2nd.

Defiance Nasdaq 100 Income Target ETF Company Profile

The Defiance Nasdaq 100 Income Target ETF (QQQT) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that seeks current annual income of 20% by selling daily index call spreads on the Nasdaq 100. QQQT was launched on Jun 20, 2024 and is issued by Defiance.