SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) Trading Down 0.5% – Here’s What Happened

SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQGet Free Report)’s share price was down 0.5% during trading on Thursday . The company traded as low as $32.85 and last traded at $33.00. Approximately 8,659 shares changed hands during trading, a decline of 45% from the average daily volume of 15,627 shares. The stock had previously closed at $33.15.

SGI Enhanced Nasdaq-100 ETF Stock Down 4.5%

The business has a 50 day moving average of $29.68 and a 200 day moving average of $28.96. The company has a market capitalization of $86.31 million, a P/E ratio of 46.85 and a beta of 1.35.

SGI Enhanced Nasdaq-100 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 30th were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Monday, March 30th. This represents a $0.24 dividend on an annualized basis and a yield of 0.8%.

About SGI Enhanced Nasdaq-100 ETF

(Get Free Report)

The SGI Enhanced Nasdaq 100 ETF (QXQ) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages a portfolio of Nasdaq-listed companies while employing a put-and-call options writing strategy. The fund seeks to generate income from selling short-term options against broad market indices QXQ was launched on Jun 14, 2024 and is issued by Summit Global Investments.

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