SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSEARCA:SPUS) Short Interest Update

SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSEARCA:SPUSGet Free Report) was the recipient of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 60,430 shares, a drop of 37.1% from the February 26th total of 96,149 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 971,111 shares, the days-to-cover ratio is presently 0.1 days.

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

A number of large investors have recently modified their holdings of the stock. Murphy & Mullick Capital Management Corp bought a new position in SP Funds S&P 500 Sharia Industry Exclusions ETF in the fourth quarter worth about $102,000. Jaffetilchin Investment Partners LLC grew its holdings in shares of SP Funds S&P 500 Sharia Industry Exclusions ETF by 20.9% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 15,969 shares of the company’s stock worth $816,000 after acquiring an additional 2,765 shares during the period. Marshall Wace LLP purchased a new position in shares of SP Funds S&P 500 Sharia Industry Exclusions ETF during the 2nd quarter worth approximately $1,674,000. Finally, Farther Finance Advisors LLC raised its position in shares of SP Funds S&P 500 Sharia Industry Exclusions ETF by 4.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 100,928 shares of the company’s stock worth $4,987,000 after acquiring an additional 3,916 shares in the last quarter.

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

Shares of SP Funds S&P 500 Sharia Industry Exclusions ETF stock traded down $0.73 during midday trading on Friday, reaching $47.03. 614,141 shares of the company’s stock traded hands, compared to its average volume of 652,384. The stock has a 50 day moving average of $50.58 and a 200-day moving average of $50.53. SP Funds S&P 500 Sharia Industry Exclusions ETF has a 12 month low of $33.32 and a 12 month high of $52.43. The company has a market cap of $1.83 billion, a PE ratio of 30.44 and a beta of 1.04.

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

The business also recently disclosed a monthly dividend, which was paid on Monday, February 23rd. Shareholders of record on Friday, February 20th were issued a $0.026 dividend. The ex-dividend date was Friday, February 20th. This represents a c) annualized dividend and a yield of 0.7%.

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

(Get Free Report)

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.

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