Albion Financial Group UT Invests $49,000 in Global X Solar ETF (NASDAQ:RAYS)

Albion Financial Group UT purchased a new stake in shares of Global X Solar ETF (NASDAQ:RAYS) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 4,143 shares of the company’s stock, valued at approximately $49,000. Albion Financial Group UT owned approximately 0.73% of Global X Solar ETF at the end of the most recent reporting period.

Global X Solar ETF Stock Performance

Global X Solar ETF stock opened at $9.68 on Thursday. The business’s fifty day moving average is $11.08 and its two-hundred day moving average is $11.50. The firm has a market cap of $5.52 million, a P/E ratio of -43.95 and a beta of 1.08. Global X Solar ETF has a 52 week low of $9.40 and a 52 week high of $18.95.

Global X Solar ETF Announces Dividend

The business also recently declared a Semi-Annual dividend, which will be paid on Friday, July 5th. Investors of record on Thursday, June 27th will be given a dividend of $0.0308 per share. The ex-dividend date is Thursday, June 27th. Global X Solar ETF’s dividend payout ratio (DPR) is -13.62%.

About Global X Solar ETF

The Global X Solar ETF (RAYS) is an exchange-traded fund that is based on the Solactive Solar index, a market-cap-weighted index of global solar energy companies selected based on their revenue generated from solar-related business, and ESG criteria. RAYS was launched on Sep 8, 2021 and is managed by Global X.