Strive Small-Cap ETF (NYSEARCA:STXK) Plans Quarterly Dividend of $0.14

Strive Small-Cap ETF (NYSEARCA:STXK) announced a quarterly dividend on Wednesday, December 10th. Shareholders of record on Thursday, December 11th will be given a dividend of 0.142 per share on Friday, December 12th. This represents a c) annualized dividend and a yield of 1.7%. The ex-dividend date is Thursday, December 11th. This is a 44.2% increase from Strive Small-Cap ETF’s previous quarterly dividend of $0.10.

Strive Small-Cap ETF Trading Up 1.5%

NYSEARCA:STXK opened at $34.26 on Thursday. Strive Small-Cap ETF has a twelve month low of $24.47 and a twelve month high of $34.30. The firm has a 50-day moving average price of $33.09 and a two-hundred day moving average price of $32.01. The company has a market capitalization of $67.14 million, a P/E ratio of 16.44 and a beta of 1.26.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Strive Small-Cap ETF stock. Ameriflex Group Inc. increased its position in shares of Strive Small-Cap ETF (NYSEARCA:STXK) by 201.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,033 shares of the company’s stock after acquiring an additional 690 shares during the quarter. Ameriflex Group Inc. owned approximately 0.05% of Strive Small-Cap ETF worth $31,000 as of its most recent filing with the SEC.

About Strive Small-Cap ETF

The Strive Small-Cap ETF (STXK) is an exchange-traded fund that is based on the Bloomberg US 600 index. The fund tracks a market cap-weighted index of the 600 smallest US companies in the Bloomberg US 1500 Index. STXK was launched on Nov 11, 2022 and is issued by Alpha Architect.