Alpha Blue Capital US Small Mid Cap Dynamic ETF (NASDAQ:ABCS) Stock Price Down 0.3% – Here’s What Happened

Shares of Alpha Blue Capital US Small Mid Cap Dynamic ETF (NASDAQ:ABCS) dropped 0.3% on Monday. The company traded as low as $34.49 and last traded at $34.5290. 2,153 shares were traded during trading, a decline of 11% from the average daily volume of 2,423 shares. The stock had previously closed at $34.63.

Alpha Blue Capital US Small Mid Cap Dynamic ETF Price Performance

The stock has a 50 day simple moving average of $35.01 and a 200-day simple moving average of $33.69. The firm has a market cap of $12.94 million, a PE ratio of 14.18 and a beta of 0.81.

Alpha Blue Capital US Small Mid Cap Dynamic ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th were issued a dividend of $0.0891 per share. The ex-dividend date was Monday, September 28th. This is a drop from Alpha Blue Capital US Small Mid Cap Dynamic ETF’s previous quarterly dividend of $0.0983. This represents a $0.36 annualized dividend and a dividend yield of 1.0%.

About Alpha Blue Capital US Small Mid Cap Dynamic ETF

The Alpha Blue Capital US Small-Mid Cap Dynamic ETF (ABCS) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund-of-funds that aims for long-term capital appreciation by investing in US small- and mid-cap stocks and ETFs. ABCS was launched on Dec 20, 2023 and is issued by Alpha.