SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSEARCA:SPUS) Sets New 1-Year High – Time to Buy?

SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSEARCA:SPUS)’s stock price hit a new 52-week high on Monday . The company traded as high as $59.70 and last traded at $59.6850, with a volume of 246001 shares traded. The stock had previously closed at $58.91.

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

The firm’s 50 day moving average price is $58.12 and its two-hundred day moving average price is $55.50. The stock has a market cap of $3.27 billion, a PE ratio of 30.44 and a beta of 1.09.

SP Funds S&P 500 Sharia Industry Exclusions ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 28th. Investors of record on Monday, July 27th were paid a $0.026 dividend. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, July 27th.

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

Institutional investors have recently made changes to their positions in the stock. Operose Advisors LLC bought a new position in SP Funds S&P 500 Sharia Industry Exclusions ETF in the 2nd quarter worth about $33,000. Murphy & Mullick Capital Management Corp bought a new position in shares of SP Funds S&P 500 Sharia Industry Exclusions ETF in the fourth quarter valued at approximately $102,000. Finally, Evansbrook LLC purchased a new position in SP Funds S&P 500 Sharia Industry Exclusions ETF during the first quarter valued at approximately $243,000.

SP Funds S&P 500 Sharia Industry Exclusions ETF Company Profile

The SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) is an exchange-traded fund that is based on the S&P 500 Shariah Industry Exclusions index. The fund tracks a market-cap weighted index of S&P 500 stocks that are Sharia-compliant. SPUS was launched on Dec 18, 2019 and is managed by SP Funds.