Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) Stock Price Up 0.2% – Here’s Why

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ)’s stock price rose 0.2% during mid-day trading on Tuesday . The stock traded as high as $30.44 and last traded at $30.47. Approximately 3,443 shares were traded during mid-day trading, a decline of 63% from the average daily volume of 9,242 shares. The stock had previously closed at $30.42.

Calamos Nasdaq Equity & Income ETF Stock Performance

The business’s 50 day moving average price is $30.42 and its 200-day moving average price is $29.45.

Calamos Nasdaq Equity & Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, December 5th. Investors of record on Monday, December 1st were paid a dividend of $0.11 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a yield of 4.3%.

Hedge Funds Weigh In On Calamos Nasdaq Equity & Income ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Mutual Advisors LLC acquired a new stake in shares of Calamos Nasdaq Equity & Income ETF during the third quarter valued at about $9,029,000. Calamos Wealth Management LLC purchased a new position in Calamos Nasdaq Equity & Income ETF in the third quarter valued at about $1,151,000. Golden State Equity Partners purchased a new position in Calamos Nasdaq Equity & Income ETF in the second quarter valued at about $641,000. Jane Street Group LLC acquired a new stake in Calamos Nasdaq Equity & Income ETF during the 2nd quarter valued at approximately $382,000. Finally, Brookwood Investment Group LLC purchased a new stake in Calamos Nasdaq Equity & Income ETF during the 3rd quarter worth approximately $356,000.

Calamos Nasdaq Equity & Income ETF Company Profile

The Calamos Alternative Nasdaq & Bond ETF (CANQ) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is actively managed to provide convertible security-like exposure to the NASDAQ-100 Index. The portfolio contains a mix of equity options and fixed income exposure to pursue favorable risk-adjusted returns CANQ was launched on Feb 13, 2024 and is issued by Calamos.