Defiance S&P 500 Target Income ETF (NASDAQ:SPYT) Shares Up 0.2% – Time to Buy?

Defiance S&P 500 Target Income ETF (NASDAQ:SPYTGet Free Report)’s stock price shot up 0.2% during mid-day trading on Friday . The stock traded as high as $17.88 and last traded at $17.84. 107,288 shares traded hands during trading, an increase of 5% from the average session volume of 102,190 shares. The stock had previously closed at $17.81.

Defiance S&P 500 Target Income ETF Stock Performance

The firm’s 50 day simple moving average is $18.08 and its 200-day simple moving average is $18.03. The company has a market capitalization of $117.21 million, a price-to-earnings ratio of 24.93 and a beta of 0.87.

Defiance S&P 500 Target Income ETF Company Profile

(Get Free Report)

The Defiance S&P 500 Target Income ETF (SPYT) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds seeking to provide current income through option premiums from daily S&P 500 call spreads. The secondary objective of the fund is to seek exposure to the indexs performance.

Further Reading

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