SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) Trading Down 0.5% – What’s Next?

SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ)’s share price was down 0.5% on Thursday . The stock traded as low as $32.85 and last traded at $33.00. Approximately 8,659 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 15,627 shares. The stock had previously closed at $33.15.

SGI Enhanced Nasdaq-100 ETF Stock Performance

The firm has a market cap of $90.42 million, a PE ratio of 46.85 and a beta of 1.35. The stock’s 50 day simple moving average is $29.58 and its 200 day simple moving average is $28.94.

SGI Enhanced Nasdaq-100 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 30th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Monday, March 30th.

SGI Enhanced Nasdaq-100 ETF Company Profile

The SGI Enhanced Nasdaq 100 ETF (QXQ) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages a portfolio of Nasdaq-listed companies while employing a put-and-call options writing strategy. The fund seeks to generate income from selling short-term options against broad market indices QXQ was launched on Jun 14, 2024 and is issued by Summit Global Investments.