SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) Stock Price Down 1% – Here’s Why

SGI Enhanced Market Leaders ETF (NASDAQ:LDRXGet Free Report)’s stock price fell 1% during trading on Thursday . The stock traded as low as $32.27 and last traded at $32.31. 22,171 shares were traded during mid-day trading, an increase of 8% from the average session volume of 20,489 shares. The stock had previously closed at $32.63.

SGI Enhanced Market Leaders ETF Price Performance

The company has a market capitalization of $192.57 million, a P/E ratio of 20.50 and a beta of 1.10. The company’s 50-day moving average price is $32.80 and its two-hundred day moving average price is $32.33.

SGI Enhanced Market Leaders ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd were given a dividend of $0.2382 per share. The ex-dividend date was Tuesday, December 23rd. This represents a $0.95 annualized dividend and a yield of 2.9%.

Hedge Funds Weigh In On SGI Enhanced Market Leaders ETF

An institutional investor recently bought a new position in SGI Enhanced Market Leaders ETF stock. Wealthspire Advisors LLC bought a new position in shares of SGI Enhanced Market Leaders ETF (NASDAQ:LDRXFree Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 21,769 shares of the company’s stock, valued at approximately $640,000. Wealthspire Advisors LLC owned 0.35% of SGI Enhanced Market Leaders ETF at the end of the most recent quarter.

SGI Enhanced Market Leaders ETF Company Profile

(Get Free Report)

The SGI Enhanced Market Leaders ETF is an actively managed exchange-traded fund that seeks capital appreciation and current income. The fund primarily invests in large-capitalization companies listed within the Russell 1000® Index or S&P 500® Index, focusing on those considered “market leaders” based on strengthening business metrics and favorable quantitative factors. Additionally, the fund employs an options strategy, writing deep out-of-the-money put and call options with short durations (typically 1–7 days) to generate additional income.

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