Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) Shares Down 1.4% – Here’s Why

Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV – Get Free Report) was down 1.4% on Friday. The company traded as low as $33.46 and last traded at $33.60. Approximately 17,260 shares traded hands during mid-day trading, an increase of 13% from the average daily volume of 15,239 shares. The stock had previously closed at $34.06.

Amplify Natural Resources Dividend Income ETF Stock Performance

The stock has a market cap of $31.25 million, a P/E ratio of 11.40 and a beta of 0.53. The stock has a 50-day moving average price of $34.66 and a 200-day moving average price of $34.49.

About Amplify Natural Resources Dividend Income ETF

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The Amplify Natural Resources Dividend Income ETF (NDIV) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of 40 to 60 US-listed dividend-paying companies engaged in the natural resources industry. Holdings are selected based on fundamental factors and weighted by dividend yield. NDIV was launched on Aug 24, 2022 and is managed by Amplify.

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