Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) Trading Up 0.5% – What’s Next?

Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) shares rose 0.5% during mid-day trading on Friday . The stock traded as high as $17.68 and last traded at $17.62. Approximately 19,344 shares traded hands during trading, a decline of 52% from the average daily volume of 40,016 shares. The stock had previously closed at $17.54.

Defiance Nasdaq 100 Income Target ETF Price Performance

The business’s 50 day moving average price is $17.77 and its 200 day moving average price is $18.06. The firm has a market cap of $37.35 million, a PE ratio of 30.50 and a beta of 1.07.

Defiance Nasdaq 100 Income Target ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 2nd. Stockholders of record on Wednesday, December 31st were paid a $0.3109 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 21.2%.

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.