Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Trading Up 0% – Here’s Why

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI)’s stock price was up 0% during trading on Friday . The company traded as high as $21.90 and last traded at $21.80. Approximately 37,703 shares changed hands during mid-day trading, an increase of 26% from the average daily volume of 29,917 shares. The stock had previously closed at $21.79.

Westwood Salient Enhanced Energy Income ETF Price Performance

The firm’s fifty day moving average price is $21.35 and its two-hundred day moving average price is $21.15. The stock has a market cap of $34.88 million, a price-to-earnings ratio of 15.37 and a beta of 0.54.

Westwood Salient Enhanced Energy Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, January 9th. Investors of record on Monday, January 5th were paid a dividend of $0.225 per share. This represents a c) dividend on an annualized basis and a yield of 12.4%. The ex-dividend date of this dividend was Monday, January 5th.

Westwood Salient Enhanced Energy Income ETF Company Profile

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. WEEI was launched on May 1, 2024 and is issued by Westwood.