Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) Trading 2% Higher – What’s Next?

Shares of Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) were up 2% during mid-day trading on Monday . The company traded as high as $30.34 and last traded at $30.34. Approximately 14,267 shares changed hands during mid-day trading, a decline of 37% from the average daily volume of 22,475 shares. The stock had previously closed at $29.74.

Astoria US Quality Growth Kings ETF Price Performance

The stock’s 50-day moving average price is $29.45 and its 200-day moving average price is $27.54. The company has a market cap of $103.12 million, a P/E ratio of 27.86 and a beta of 1.21.

Astoria US Quality Growth Kings ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 29th were paid a dividend of $0.0523 per share. The ex-dividend date was Monday, September 29th. This is a positive change from Astoria US Quality Growth Kings ETF’s previous dividend of $0.01.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Astoria US Quality Growth Kings ETF stock. Vermillion & White Wealth Management Group LLC raised its stake in shares of Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) by 0.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 622,913 shares of the company’s stock after purchasing an additional 3,346 shares during the period. Astoria US Quality Growth Kings ETF accounts for approximately 11.0% of Vermillion & White Wealth Management Group LLC’s investment portfolio, making the stock its 2nd biggest position. Vermillion & White Wealth Management Group LLC owned approximately 20.49% of Astoria US Quality Growth Kings ETF worth $16,862,000 as of its most recent SEC filing.

About Astoria US Quality Growth Kings ETF

The Astoria US Quality Growth Kings ETF (GQQQ) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of 75 to 100 US companies exhibiting quality and growth characteristics. The fund uses a quantitative approach to stock selection GQQQ was launched on Oct 1, 2024 and is issued by Astoria.