SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO) Trading Down 0.5% – What’s Next?

SPDR Galaxy Digital Asset Ecosystem ETF (NASDAQ:DECO)’s share price was down 0.5% on Thursday . The stock traded as low as $52.98 and last traded at $53.03. Approximately 7,101 shares traded hands during trading, an increase of 284% from the average daily volume of 1,850 shares. The stock had previously closed at $53.31.

SPDR Galaxy Digital Asset Ecosystem ETF Stock Performance

The stock has a market cap of $16.04 million, a P/E ratio of -15.98 and a beta of 3.76. The firm has a 50-day moving average price of $49.23 and a 200-day moving average price of $46.07.

SPDR Galaxy Digital Asset Ecosystem ETF Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 29th were given a dividend of $0.5253 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a yield of 113.0%. SPDR Galaxy Digital Asset Ecosystem ETF’s dividend payout ratio (DPR) is currently -1.44%.

SPDR Galaxy Digital Asset Ecosystem ETF Company Profile

The SPDR Galaxy Digital Asset Ecosystem ETF (DECO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, seeking long-term capital appreciation by investing in companies positioned to capitalize on opportunities within the blockchain and crypto industries, while also gaining crypto exposure through ETFs and futures contracts. DECO was launched on Sep 9, 2024 and is issued by State Street.