Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) Trading 1.6% Higher – Should You Buy?

Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) shares were up 1.6% during trading on Tuesday . The stock traded as high as $35.84 and last traded at $35.79. Approximately 6,326 shares changed hands during trading, a decline of 55% from the average daily volume of 14,047 shares. The stock had previously closed at $35.23.

Astoria US Quality Growth Kings ETF Stock Performance

The firm has a fifty day moving average price of $32.01 and a 200 day moving average price of $30.86. The stock has a market cap of $139.94 million, a PE ratio of 27.86 and a beta of 1.25.

Astoria US Quality Growth Kings ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 30th were paid a $0.0429 dividend. This is a positive change from Astoria US Quality Growth Kings ETF’s previous quarterly dividend of $0.04. The ex-dividend date was Monday, March 30th. This represents a $0.17 dividend on an annualized basis and a yield of 0.5%.

Hedge Funds Weigh In On Astoria US Quality Growth Kings ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GQQQ. Ameriprise Financial Inc. purchased a new position in Astoria US Quality Growth Kings ETF in the 3rd quarter worth $298,000. Sound Income Strategies LLC purchased a new position in Astoria US Quality Growth Kings ETF in the 1st quarter worth $310,000. Finally, Vermillion & White Wealth Management Group LLC raised its stake in Astoria US Quality Growth Kings ETF by 3.0% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 531,686 shares of the company’s stock worth $15,955,000 after acquiring an additional 15,707 shares during the last quarter.

Astoria US Quality Growth Kings ETF Company Profile

The Astoria US Quality Growth Kings ETF (GQQQ) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of 75 to 100 US companies exhibiting quality and growth characteristics. The fund uses a quantitative approach to stock selection GQQQ was launched on Oct 1, 2024 and is issued by Astoria.