SP Funds Dow Jones Global Sukuk ETF (NYSEARCA:SPSK) Trading Up 1.3%

Shares of SP Funds Dow Jones Global Sukuk ETF (NYSEARCA:SPSK) were up 1.3% during mid-day trading on Friday . The company traded as high as $18.58 and last traded at $18.40. Approximately 162,028 shares traded hands during mid-day trading, an increase of 58% from the average daily volume of 102,800 shares. The stock had previously closed at $18.17.

SP Funds Dow Jones Global Sukuk ETF Stock Up 1.3 %

The company’s 50 day moving average is $17.95 and its 200-day moving average is $17.79.

Institutional Trading of SP Funds Dow Jones Global Sukuk ETF

A hedge fund recently raised its stake in SP Funds Dow Jones Global Sukuk ETF stock. Heartwood Wealth Advisors LLC increased its holdings in shares of SP Funds Dow Jones Global Sukuk ETF (NYSEARCA:SPSK) by 10.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,138 shares of the company’s stock after acquiring an additional 1,116 shares during the quarter. Heartwood Wealth Advisors LLC owned about 0.17% of SP Funds Dow Jones Global Sukuk ETF worth $216,000 as of its most recent SEC filing.

About SP Funds Dow Jones Global Sukuk ETF

The SP Funds Dow Jones Global Sukuk ETF (SPSK) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated global investment-grade sukuk of various maturities and weighted by market value. SPSK was launched on Dec 30, 2019 and is managed by SP Funds.