F/m Opportunistic Income ETF (NASDAQ:XFIX) Trading Down 0.1% – Here’s What Happened

Shares of F/m Opportunistic Income ETF (NASDAQ:XFIX) traded down 0.1% during trading on Wednesday . The stock traded as low as $51.75 and last traded at $51.75. 512 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 2,580 shares. The stock had previously closed at $51.7850.

F/m Opportunistic Income ETF Price Performance

The business has a 50-day simple moving average of $52.01 and a two-hundred day simple moving average of $52.06.

F/m Opportunistic Income ETF Cuts Dividend

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

Institutional Investors Weigh In On F/m Opportunistic Income ETF

An institutional investor recently bought a new position in F/m Opportunistic Income ETF stock. HORAN Wealth LLC purchased a new stake in F/m Opportunistic Income ETF (NASDAQ:XFIX) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 7,748 shares of the company’s stock, valued at approximately $403,000. HORAN Wealth LLC owned approximately 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.