SP Funds S&P Global REIT Sharia ETF (NYSEARCA:SPRE) Shares Up 0.2% – Should You Buy?

SP Funds S&P Global REIT Sharia ETF (NYSEARCA:SPRE)’s stock price was up 0.2% on Monday . The stock traded as high as $21.39 and last traded at $21.24. 84,306 shares changed hands during trading, an increase of 9% from the average daily volume of 77,511 shares. The stock had previously closed at $21.20.

SP Funds S&P Global REIT Sharia ETF Price Performance

The stock has a market capitalization of $218.72 million, a PE ratio of 36.50 and a beta of 1.02. The stock’s fifty day moving average is $21.13 and its 200-day moving average is $20.43.

Institutional Trading of SP Funds S&P Global REIT Sharia ETF

An institutional investor recently bought a new position in SP Funds S&P Global REIT Sharia ETF stock. Flow Traders U.S. LLC bought a new stake in SP Funds S&P Global REIT Sharia ETF (NYSEARCA:SPRE) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 61,580 shares of the company’s stock, valued at approximately $1,200,000. Flow Traders U.S. LLC owned 0.70% of SP Funds S&P Global REIT Sharia ETF as of its most recent SEC filing.

SP Funds S&P Global REIT Sharia ETF Company Profile

The SP Funds S&P Global REIT Sharia ETF (SPRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a market-cap-weighted index of Shariah-compliant global REITs. SPRE was launched on Dec 30, 2020 and is managed by SP Funds.