SWP Growth & Income ETF (NASDAQ:SWP) Stock Price Down 3.8% – Time to Sell?

SWP Growth & Income ETF (NASDAQ:SWP) was down 3.8% on Thursday. The stock traded as low as $26.67 and last traded at $26.73. Approximately 3,088 shares traded hands during trading, a decline of 72% from the average session volume of 10,920 shares. The stock had previously closed at $27.80.

SWP Growth & Income ETF Price Performance

The firm has a market capitalization of $141.67 million, a PE ratio of 26.16 and a beta of 0.86. The business has a 50-day simple moving average of $27.76 and a 200-day simple moving average of $28.23.

SWP Growth & Income ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 29th were given a dividend of $0.5713 per share. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $2.29 annualized dividend and a dividend yield of 8.5%. This is a decrease from SWP Growth & Income ETF’s previous quarterly dividend of $0.6160.

About SWP Growth & Income ETF

The SWP Growth & Income ETF (SWP) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects income-producing companies in the US that exhibit quality characteristics. It selects securities of any capitalization but significantly focuses on the large-cap spectrum. SWP was launched on Sep 25, 2024 and is issued by SWP.