Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Shares Up 1.1% – Should You Buy?

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI)’s stock price traded up 1.1% during mid-day trading on Wednesday . The stock traded as high as $21.05 and last traded at $21.03. 7,568 shares were traded during trading, a decline of 17% from the average session volume of 9,126 shares. The stock had previously closed at $20.81.

Westwood Salient Enhanced Energy Income ETF Price Performance

The firm has a market cap of $29.02 million and a price-to-earnings ratio of 15.37. The firm has a fifty day simple moving average of $21.08 and a two-hundred day simple moving average of $20.71.

Westwood Salient Enhanced Energy Income ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 6th. Investors of record on Monday, September 29th were paid a $0.225 dividend. The ex-dividend date was Monday, September 29th. This represents a c) dividend on an annualized basis and a yield of 12.8%.

About Westwood Salient Enhanced Energy Income ETF

The Westwood Salient Enhanced Energy Income ETF (WEEI) is an exchange-traded fund that mostly invests in energy equity. The fund is an actively managed portfolio seeking to provide monthly income by investing in North American energy companies and writing 1-month call options, on a recurring basis. Stocks are selected and weighted based on fundamental criteria.