Nasdaq-100 Hedged Equity Income ETF (NYSEARCA:NUSI) Trading Down 0.1% – Here’s What Happened

Shares of Nasdaq-100 Hedged Equity Income ETF (NYSEARCA:NUSI) dropped 0.1% during mid-day trading on Wednesday . The stock traded as low as $26.33 and last traded at $26.43. Approximately 42,960 shares changed hands during trading, a decline of 2% from the average daily volume of 43,998 shares. The stock had previously closed at $26.46.

Nasdaq-100 Hedged Equity Income ETF Stock Down 0.1 %

The firm has a market capitalization of $426.84 million, a price-to-earnings ratio of 32.60 and a beta of 0.81. The business’s fifty day moving average is $26.33 and its 200 day moving average is $25.59.

Nasdaq-100 Hedged Equity Income ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, December 26th. Shareholders of record on Tuesday, December 24th were paid a $0.1896 dividend. This is an increase from Nasdaq-100 Hedged Equity Income ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Tuesday, December 24th.

About Nasdaq-100 Hedged Equity Income ETF

The Nationwide Nasdaq-100 Risk-Managed Income ETF (NUSI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of stocks included in the Nasdaq-100 Index combined with an options collar. The fund seeks to generate current income with some downside protection.