SGI Enhanced Global Income ETF (NASDAQ:GINX) Stock Price Down 1.4% – Here’s What Happened

SGI Enhanced Global Income ETF (NASDAQ:GINX) traded down 1.4% during trading on Friday . The stock traded as low as $34.54 and last traded at $34.55. 11,730 shares were traded during trading, a decline of 13% from the average session volume of 13,490 shares. The stock had previously closed at $35.03.

SGI Enhanced Global Income ETF Stock Performance

The company has a market capitalization of $93.98 million, a PE ratio of 13.81 and a beta of 0.47. The firm’s 50-day simple moving average is $33.95 and its 200 day simple moving average is $32.88.

SGI Enhanced Global Income ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 30th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Monday, March 30th.

SGI Enhanced Global Income ETF Company Profile

The SGI Global Enhanced Income ETF (GINX) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of global companies while employing a put-and-call options strategy. The fund seeks to generate income from dividends and selling short-term options. GINX was launched on Feb 29, 2024 and is issued by Summit Global Investments.