Defiance S&P 500 Target Income ETF (NASDAQ:SPYT) Trading Up 0.1% – What’s Next?

Defiance S&P 500 Target Income ETF (NASDAQ:SPYTGet Free Report)’s share price rose 0.1% during trading on Tuesday . The company traded as high as $17.95 and last traded at $17.95. Approximately 340,146 shares changed hands during trading, an increase of 220% from the average daily volume of 106,414 shares. The stock had previously closed at $17.94.

Defiance S&P 500 Target Income ETF Price Performance

The stock has a market capitalization of $117.93 million, a price-to-earnings ratio of 24.93 and a beta of 0.87. The stock has a 50 day moving average price of $17.96 and a 200-day moving average price of $18.07.

About Defiance S&P 500 Target Income ETF

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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. SPYT was launched on Mar 7, 2024 and is issued by Defiance.

Further Reading

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