SP Funds S&P Global REIT Sharia ETF (NYSEARCA:SPRE) Shares Down 0.4% – Here’s What Happened

SP Funds S&P Global REIT Sharia ETF (NYSEARCA:SPRE – Get Free Report)’s stock price was down 0.4% during trading on Friday. The stock traded as low as $19.20 and last traded at $19.23. Approximately 49,609 shares were traded during mid-day trading, a decline of 32% from the average daily volume of 73,134 shares. The stock had previously closed at $19.30.

SP Funds S&P Global REIT Sharia ETF Price Performance

The company has a market capitalization of $195.18 million, a PE ratio of 36.50 and a beta of 1.00. The company has a 50-day moving average of $20.91 and a two-hundred day moving average of $20.87.

SP Funds S&P Global REIT Sharia ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 28th. Stockholders of record on Monday, July 27th were paid a $0.0670 dividend. The ex-dividend date of this dividend was Monday, July 27th. This represents a $0.80 annualized dividend and a dividend yield of 4.2%.

SP Funds S&P Global REIT Sharia ETF Company Profile

(Get Free Report)

The SP Funds S&P Global REIT Sharia ETF (SPRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a market-cap-weighted index of Shariah-compliant global REITs. SPRE was launched on Dec 30, 2020 and is managed by SP Funds.

Further Reading

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