SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSEARCA:SPUS) Hits New 12-Month High – Here’s What Happened

SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSEARCA:SPUS)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $50.27 and last traded at $50.20, with a volume of 398339 shares changing hands. The stock had previously closed at $49.88.

SP Funds S&P 500 Sharia Industry Exclusions ETF Price Performance

The stock’s 50-day simple moving average is $47.56 and its two-hundred day simple moving average is $43.47. The firm has a market cap of $1.68 billion, a P/E ratio of 30.44 and a beta of 0.99.

Institutional Investors Weigh In On SP Funds S&P 500 Sharia Industry Exclusions ETF

Several hedge funds and other institutional investors have recently modified their holdings of SPUS. Marshall Wace LLP purchased a new position in SP Funds S&P 500 Sharia Industry Exclusions ETF during the 2nd quarter valued at $1,674,000. Jaffetilchin Investment Partners LLC boosted its stake in shares of SP Funds S&P 500 Sharia Industry Exclusions ETF by 69.8% during the second quarter. Jaffetilchin Investment Partners LLC now owns 12,682 shares of the company’s stock valued at $563,000 after purchasing an additional 5,212 shares during the period. Finally, Janney Montgomery Scott LLC bought a new position in shares of SP Funds S&P 500 Sharia Industry Exclusions ETF in the second quarter worth about $207,000.

About SP Funds S&P 500 Sharia Industry Exclusions ETF