Gotham Enhanced 500 ETF (NYSEARCA:GSPY) Sees Large Volume Increase – Time to Buy?

Shares of Gotham Enhanced 500 ETF (NYSEARCA:GSPY – Get Free Report) saw strong trading volume on Friday. 8,773 shares were traded during mid-day trading, an increase of 146% from the average daily volume of 3,561 shares. The stock last traded at $41.7550 and had previously closed at $42.01.

Gotham Enhanced 500 ETF Price Performance

The company’s 50-day simple moving average is $42.41 and its two-hundred day simple moving average is $40.04. The firm has a market capitalization of $702.58 million, a P/E ratio of 20.95 and a beta of 0.98.

About Gotham Enhanced 500 ETF

(Get Free Report)

The Gotham Enhanced 500 ETF (GSPY) is an exchange-traded fund that mostly invests in large cap equity. The fund actively seeks long-term capital appreciation by reweighting the components of the S&P 500 Index based on proprietary fundamental research. GSPY was launched on Dec 28, 2020 and is managed by Gotham.

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