Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) Shares Up 0.1% – Time to Buy?

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ)’s stock price rose 0.1% during trading on Friday . The company traded as high as $30.73 and last traded at $30.60. 5,011 shares traded hands during trading, a decline of 16% from the average daily volume of 5,994 shares. The stock had previously closed at $30.58.

Calamos Nasdaq Equity & Income ETF Stock Performance

The firm has a 50-day moving average price of $30.39 and a 200 day moving average price of $29.82.

Calamos Nasdaq Equity & Income ETF Announces Dividend

The company also recently announced a dividend, which was paid on Monday, August 10th. Investors of record on Monday, August 3rd were paid a dividend of $0.1109 per share. The ex-dividend date of this dividend was Monday, August 3rd.

Hedge Funds Weigh In On Calamos Nasdaq Equity & Income ETF

Several institutional investors have recently bought and sold shares of CANQ. Calamos Advisors LLC purchased a new stake in Calamos Nasdaq Equity & Income ETF during the first quarter worth about $5,326,000. Calamos Wealth Management LLC boosted its stake in shares of Calamos Nasdaq Equity & Income ETF by 252.0% in the fourth quarter. Calamos Wealth Management LLC now owns 134,448 shares of the company’s stock valued at $4,003,000 after purchasing an additional 96,255 shares during the period. Jane Street Group LLC acquired a new position in shares of Calamos Nasdaq Equity & Income ETF in the second quarter valued at approximately $382,000. Mutual Advisors LLC grew its holdings in shares of Calamos Nasdaq Equity & Income ETF by 3.8% in the fourth quarter. Mutual Advisors LLC now owns 310,729 shares of the company’s stock valued at $9,251,000 after purchasing an additional 11,417 shares in the last quarter. Finally, Farther Finance Advisors LLC purchased a new stake in Calamos Nasdaq Equity & Income ETF during the 4th quarter worth approximately $109,000.

About Calamos Nasdaq Equity & Income ETF

The Calamos Alternative Nasdaq & Bond ETF (CANQ) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is actively managed to provide convertible security-like exposure to the NASDAQ-100 Index. The portfolio contains a mix of equity options and fixed income exposure to pursue favorable risk-adjusted returns CANQ was launched on Feb 13, 2024 and is issued by Calamos.