SWP Growth & Income ETF (NASDAQ:SWP) Sees Large Drop in Short Interest

SWP Growth & Income ETF (NASDAQ:SWPGet Free Report) was the recipient of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 1,062 shares, a drop of 93.3% from the April 15th total of 15,943 shares. Based on an average trading volume of 20,351 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

SWP Growth & Income ETF Stock Performance

Shares of NASDAQ:SWP traded down $0.15 on Monday, hitting $28.40. The company’s stock had a trading volume of 6,551 shares, compared to its average volume of 14,744. The stock’s 50-day moving average is $27.82 and its two-hundred day moving average is $28.27. The company has a market capitalization of $147.40 million, a price-to-earnings ratio of 26.16 and a beta of 0.90. SWP Growth & Income ETF has a 12 month low of $24.45 and a 12 month high of $29.87.

SWP Growth & Income ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 30th were issued a dividend of $0.6332 per share. The ex-dividend date of this dividend was Monday, March 30th. This represents a $2.53 annualized dividend and a yield of 8.9%.

Institutional Trading of SWP Growth & Income ETF

An institutional investor recently raised its position in SWP Growth & Income ETF stock. Strategic Wealth Partners Ltd. raised its holdings in SWP Growth & Income ETF (NASDAQ:SWPFree Report) by 3.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,469,615 shares of the company’s stock after acquiring an additional 127,314 shares during the quarter. SWP Growth & Income ETF accounts for about 7.2% of Strategic Wealth Partners Ltd.’s portfolio, making the stock its biggest holding. Strategic Wealth Partners Ltd. owned 86.09% of SWP Growth & Income ETF worth $96,033,000 as of its most recent SEC filing.

SWP Growth & Income ETF Company Profile

(Get Free Report)

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.

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