SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSEARCA:SPUS – Get Free Report)’s share price traded up 0.9% during trading on Thursday . The stock traded as high as $57.61 and last traded at $57.46. 317,657 shares were traded during trading, a decline of 46% from the average daily volume of 583,236 shares. The stock had previously closed at $56.93.
SP Funds S&P 500 Sharia Industry Exclusions ETF Price Performance
The company’s 50-day simple moving average is $56.94 and its 200-day simple moving average is $53.02. The company has a market cap of $2.88 billion, a price-to-earnings ratio of 30.44 and a beta of 1.09.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC increased its stake in SP Funds S&P 500 Sharia Industry Exclusions ETF by 14.1% during the 4th quarter. Farther Finance Advisors LLC now owns 115,189 shares of the company’s stock worth $5,883,000 after buying an additional 14,261 shares during the period. Jaffetilchin Investment Partners LLC grew its stake in shares of SP Funds S&P 500 Sharia Industry Exclusions ETF by 20.9% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 15,969 shares of the company’s stock valued at $816,000 after acquiring an additional 2,765 shares in the last quarter. Marshall Wace LLP acquired a new stake in shares of SP Funds S&P 500 Sharia Industry Exclusions ETF during the second quarter valued at about $1,674,000. Evansbrook LLC purchased a new stake in shares of SP Funds S&P 500 Sharia Industry Exclusions ETF during the first quarter worth about $243,000. Finally, Murphy & Mullick Capital Management Corp purchased a new stake in shares of SP Funds S&P 500 Sharia Industry Exclusions ETF during the fourth quarter worth about $102,000.
About SP Funds S&P 500 Sharia Industry Exclusions ETF
The SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) is an exchange-traded fund that is based on the S&P 500 Shariah Industry Exclusions index. The fund tracks a market-cap weighted index of S&P 500 stocks that are Sharia-compliant. SPUS was launched on Dec 18, 2019 and is managed by SP Funds.
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