SP Funds S&P Global REIT Sharia ETF (NYSEARCA:SPRE – Get Free Report)’s share price traded down 0.5% during mid-day trading on Friday . The company traded as low as $20.40 and last traded at $20.43. Approximately 69,335 shares changed hands during trading, a decline of 7% from the average session volume of 74,694 shares. The stock had previously closed at $20.53.
SP Funds S&P Global REIT Sharia ETF Price Performance
The firm has a market cap of $210.84 million, a P/E ratio of 36.50 and a beta of 1.00. The company’s 50-day simple moving average is $21.34 and its 200 day simple moving average is $20.98.
SP Funds S&P Global REIT Sharia ETF Dividend Announcement
The firm also recently declared a monthly dividend, which was paid on Tuesday, July 28th. Investors of record on Monday, July 27th were issued a $0.067 dividend. The ex-dividend date of this dividend was Monday, July 27th. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.
Institutional Inflows and Outflows
About SP Funds S&P Global REIT Sharia ETF
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.
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