SGI Dynamic Tactical ETF (NASDAQ:DYTA) Trading 0.7% Higher – Here’s Why

SGI Dynamic Tactical ETF (NASDAQ:DYTA)’s share price shot up 0.7% during mid-day trading on Thursday . The company traded as high as $31.77 and last traded at $31.75. Approximately 13,552 shares changed hands during mid-day trading, a decline of 6% from the average daily volume of 14,380 shares. The stock had previously closed at $31.52.

SGI Dynamic Tactical ETF Stock Up 0.2%

The company has a market cap of $106.56 million, a PE ratio of 21.31 and a beta of 0.73. The stock’s 50 day simple moving average is $31.58 and its two-hundred day simple moving average is $30.52.

SGI Dynamic Tactical ETF Company Profile

The SGI Dynamic Tactical ETF (DYTA) is an exchange-traded fund that mostly invests in total market equity. The fund is an active fund-of-funds, a non-transparent ETF that seeks capital appreciation by investing in global equity securities while attempting to reduce risk by tactically changing exposure to other asset classes. The fund utilizes the Blue Tractor non-transparent model. DYTA was launched on Mar 30, 2023 and is managed by Summit Global Investments.