F/m Opportunistic Income ETF (NASDAQ:XFIX) Trading Up 0% – Should You Buy?

F/m Opportunistic Income ETF (NASDAQ:XFIX)’s share price rose 0% during trading on Friday . The company traded as high as $51.96 and last traded at $51.9450. Approximately 1,225 shares were traded during mid-day trading, a decline of 53% from the average daily volume of 2,580 shares. The stock had previously closed at $51.9250.

F/m Opportunistic Income ETF Trading Up 0.0%

The business has a fifty day moving average price of $52.05 and a 200-day moving average price of $52.03.

F/m Opportunistic Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were given a $0.2028 dividend. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Trading of F/m Opportunistic Income ETF

A hedge fund recently bought a new stake in F/m Opportunistic Income ETF stock. HORAN Wealth LLC acquired a new stake in shares of F/m Opportunistic Income ETF (NASDAQ:XFIX) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 7,748 shares of the company’s stock, valued at approximately $403,000. HORAN Wealth LLC owned about 0.89% of F/m Opportunistic Income ETF as of its most recent SEC filing.

F/m Opportunistic Income ETF Company Profile

The F/m Opportunistic Income ETF (XFIX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that focuses on investing in what is perceived to be undervalued sectors and securities in the US fixed income space. The fund has no limitations in terms of maturity or credit quality. XFIX was launched on Sep 6, 2023 and is issued by F/m Investments.