SP Funds S&P Global REIT Sharia ETF (NYSEARCA:SPRE) Shares Up 0.1% – Here’s What Happened

SP Funds S&P Global REIT Sharia ETF (NYSEARCA:SPRE)’s share price shot up 0.1% during trading on Monday . The stock traded as high as $20.00 and last traded at $19.99. 60,650 shares changed hands during mid-day trading, a decline of 18% from the average session volume of 74,307 shares. The stock had previously closed at $19.98.

SP Funds S&P Global REIT Sharia ETF Price Performance

The company has a 50-day moving average price of $20.30 and a 200 day moving average price of $19.82. The firm has a market capitalization of $205.92 million, a PE ratio of 36.50 and a beta of 1.06.

SP Funds S&P Global REIT Sharia ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, February 23rd. Stockholders of record on Friday, February 20th were given a $0.067 dividend. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Friday, February 20th.

Hedge Funds Weigh In On SP Funds S&P Global REIT Sharia ETF

An institutional investor recently bought a new position in SP Funds S&P Global REIT Sharia ETF stock. Flow Traders U.S. LLC acquired a new stake in SP Funds S&P Global REIT Sharia ETF (NYSEARCA:SPRE) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 61,580 shares of the company’s stock, valued at approximately $1,200,000. Flow Traders U.S. LLC owned approximately 0.70% of SP Funds S&P Global REIT Sharia ETF as of its most recent SEC filing.

SP Funds S&P Global REIT Sharia ETF Company Profile

The SP Funds S&P Global REIT Sharia ETF (SPRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a market-cap-weighted index of Shariah-compliant global REITs. SPRE was launched on Dec 30, 2020 and is managed by SP Funds.