Gotham Enhanced 500 ETF (NYSEARCA:GSPY) Sees Strong Trading Volume – Still a Buy?

Gotham Enhanced 500 ETF (NYSEARCA:GSPYGet Free Report) shares saw unusually-high trading volume on Thursday . Approximately 3,248 shares were traded during mid-day trading, an increase of 39% from the previous session’s volume of 2,333 shares.The stock last traded at $36.7750 and had previously closed at $37.41.

Gotham Enhanced 500 ETF Trading Down 0.9%

The stock has a fifty day moving average of $37.23 and a two-hundred day moving average of $36.47. The stock has a market capitalization of $642.42 million, a price-to-earnings ratio of 22.50 and a beta of 0.97.

Gotham Enhanced 500 ETF Announces Dividend

The firm also recently announced an annual dividend, which was paid on Thursday, December 11th. Stockholders of record on Wednesday, December 10th were paid a $0.9628 dividend. The ex-dividend date was Wednesday, December 10th. This represents a dividend yield of 261.0%.

Gotham Enhanced 500 ETF Company Profile

(Get Free Report)

The Gotham Enhanced 500 ETF (GSPY) is an exchange-traded fund that mostly invests in large cap equity. The fund actively seeks long-term capital appreciation by reweighting the components of the S&P 500 Index based on proprietary fundamental research. GSPY was launched on Dec 28, 2020 and is managed by Gotham.

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