One Global ETF (NYSEARCA:FFND) Stock Price Down 0.5% – Here’s Why

One Global ETF (NYSEARCA:FFND)’s share price traded down 0.5% during mid-day trading on Tuesday . The company traded as low as $28.85 and last traded at $28.90. 3,409 shares were traded during trading, a decline of 64% from the average session volume of 9,534 shares. The stock had previously closed at $29.05.

One Global ETF Price Performance

The company has a market cap of $89.01 million, a price-to-earnings ratio of 22.16 and a beta of 1.30. The firm has a fifty day simple moving average of $30.42 and a 200 day simple moving average of $30.17.

One Global ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Friday, December 26th were issued a dividend of $0.1954 per share. This represents a $0.78 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Friday, December 26th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in One Global ETF stock. One Capital Management LLC boosted its position in shares of One Global ETF (NYSEARCA:FFND) by 21.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,113,799 shares of the company’s stock after acquiring an additional 548,721 shares during the period. One Global ETF accounts for 3.0% of One Capital Management LLC’s investment portfolio, making the stock its 6th biggest holding. One Capital Management LLC owned approximately 88.97% of One Global ETF worth $92,992,000 at the end of the most recent reporting period.

One Global ETF Company Profile

The Future Fund Active ETF (FFND) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks long-term capital growth from an actively managed fund of US-listed stocks that benefit from emerging secular trends driven by technological, social and environmental changes. FFND was launched on Aug 24, 2021 and is managed by The Future Fund.