Strive Small-Cap ETF (NYSEARCA:STXK) Increases Dividend to $0.14 Per Share

Strive Small-Cap ETF (NYSEARCA:STXK) announced a quarterly dividend on Wednesday, December 10th. Shareholders of record on Thursday, December 11th will be given a dividend of 0.142 per share on Friday, December 12th. This represents a c) annualized dividend and a yield of 1.7%. The ex-dividend date is Thursday, December 11th. This is a 44.2% increase from Strive Small-Cap ETF’s previous quarterly dividend of $0.10.

Strive Small-Cap ETF Stock Up 1.5%

Shares of STXK opened at $34.26 on Thursday. The business has a 50-day simple moving average of $33.09 and a two-hundred day simple moving average of $32.01. Strive Small-Cap ETF has a 52 week low of $24.47 and a 52 week high of $34.30. The stock has a market cap of $67.14 million, a price-to-earnings ratio of 16.44 and a beta of 1.26.

Institutional Trading of Strive Small-Cap ETF

A hedge fund recently raised its stake in Strive Small-Cap ETF stock. Ameriflex Group Inc. increased its position in shares of Strive Small-Cap ETF (NYSEARCA:STXK) by 201.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,033 shares of the company’s stock after purchasing an additional 690 shares during the period. Ameriflex Group Inc. owned 0.05% of Strive Small-Cap ETF worth $31,000 at the end of the most recent reporting period.

About Strive Small-Cap ETF

The Strive Small-Cap ETF (STXK) is an exchange-traded fund that is based on the Bloomberg US 600 index. The fund tracks a market cap-weighted index of the 600 smallest US companies in the Bloomberg US 1500 Index. STXK was launched on Nov 11, 2022 and is issued by Alpha Architect.