SGI Enhanced Global Income ETF (NASDAQ:GINX) Stock Price Down 0.3% – Should You Sell?

Shares of SGI Enhanced Global Income ETF (NASDAQ:GINX) dropped 0.3% during mid-day trading on Thursday . The company traded as low as $34.57 and last traded at $34.76. Approximately 49,342 shares were traded during mid-day trading, an increase of 133% from the average daily volume of 21,201 shares. The stock had previously closed at $34.86.

SGI Enhanced Global Income ETF Stock Performance

The business has a fifty day simple moving average of $32.89 and a 200 day simple moving average of $30.83. The stock has a market cap of $85.16 million, a price-to-earnings ratio of 13.81 and a beta of 0.49.

SGI Enhanced Global Income ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were paid a dividend of $0.371 per share. The ex-dividend date of this dividend was Tuesday, December 23rd.

SGI Enhanced Global Income ETF Company Profile

The SGI Global Enhanced Income ETF (GINX) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of global companies while employing a put-and-call options strategy. The fund seeks to generate income from dividends and selling short-term options. GINX was launched on Feb 29, 2024 and is issued by Summit Global Investments.