Timothy Plan High Dividend Stock Enhanced ETF (NYSEARCA:TPHE) Shares Down 0.9% – Here’s Why

Timothy Plan High Dividend Stock Enhanced ETF (NYSEARCA:TPHE)’s share price traded down 0.9% on Tuesday . The stock traded as low as $25.41 and last traded at $25.43. 2,317 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 7,791 shares. The stock had previously closed at $25.65.

Timothy Plan High Dividend Stock Enhanced ETF Price Performance

The company has a market cap of $72.46 million, a P/E ratio of 14.80 and a beta of 0.59. The company’s 50-day moving average price is $25.43 and its 200-day moving average price is $24.59.

Timothy Plan High Dividend Stock Enhanced ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, October 9th. Stockholders of record on Tuesday, October 8th were given a dividend of $0.0283 per share. The ex-dividend date of this dividend was Tuesday, October 8th.

Institutional Trading of Timothy Plan High Dividend Stock Enhanced ETF

An institutional investor recently raised its position in Timothy Plan High Dividend Stock Enhanced ETF stock. Creative Financial Designs Inc. ADV increased its holdings in shares of Timothy Plan High Dividend Stock Enhanced ETF (NYSEARCA:TPHE) by 48.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,561 shares of the company’s stock after acquiring an additional 9,001 shares during the quarter. Creative Financial Designs Inc. ADV owned about 0.97% of Timothy Plan High Dividend Stock Enhanced ETF worth $708,000 as of its most recent SEC filing.

About Timothy Plan High Dividend Stock Enhanced ETF

The Timothy Plan High Dividend Stock Enhanced ETF (TPHE) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a volatility-weighted index of high dividend US large-caps screened for Christian values. The fund hedges market risk by using a cash-trigger strategy.