SP Funds S&P Global REIT Sharia ETF (NYSEARCA:SPRE) Shares Down 1.7% – Here’s What Happened

SP Funds S&P Global REIT Sharia ETF (NYSEARCA:SPREGet Free Report)’s stock price fell 1.7% during trading on Friday . The company traded as low as $19.40 and last traded at $19.52. 26,586 shares were traded during trading, a decline of 55% from the average session volume of 59,126 shares. The stock had previously closed at $19.85.

SP Funds S&P Global REIT Sharia ETF Stock Down 1.7 %

The company’s 50 day simple moving average is $20.24 and its two-hundred day simple moving average is $20.74. The company has a market capitalization of $148.35 million, a price-to-earnings ratio of 28.32 and a beta of 1.12.

About SP Funds S&P Global REIT Sharia ETF

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The SP Funds S&P Global REIT Sharia ETF (SPRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a market-cap-weighted index of Shariah-compliant global REITs. SPRE was launched on Dec 30, 2020 and is managed by SP Funds.

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