Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Trading Down 1.1% – Here’s What Happened

Shares of Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) dropped 1.1% on Thursday . The stock traded as low as $20.98 and last traded at $21.00. Approximately 22,471 shares were traded during trading, an increase of 122% from the average daily volume of 10,133 shares. The stock had previously closed at $21.23.

Westwood Salient Enhanced Energy Income ETF Price Performance

The stock has a market cap of $29.79 million, a P/E ratio of 15.37 and a beta of 0.54. The stock has a 50-day simple moving average of $21.16 and a 200-day simple moving average of $21.07.

Westwood Salient Enhanced Energy Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 1st. Investors of record on Wednesday, November 26th were given a dividend of $0.225 per share. This represents a c) dividend on an annualized basis and a yield of 12.9%. The ex-dividend date was Wednesday, November 26th.

Westwood Salient Enhanced Energy Income ETF Company Profile

The Westwood Salient Enhanced Energy Income ETF (WEEI) is an exchange-traded fund that mostly invests in energy equity. The fund is an actively managed portfolio seeking to provide monthly income by investing in North American energy companies and writing 1-month call options, on a recurring basis. Stocks are selected and weighted based on fundamental criteria. WEEI was launched on May 1, 2024 and is issued by Westwood.