Sound Equity Income ETF (NYSEARCA:SDEI – Get Free Report) shares shot up 1.2% during mid-day trading on Monday . The stock traded as high as $25.60 and last traded at $25.60. 4,300 shares traded hands during trading, a decline of 6% from the average session volume of 4,581 shares. The stock had previously closed at $25.30.
Sound Equity Income ETF Price Performance
The stock has a market cap of $27.65 million, a P/E ratio of 11.17 and a beta of 0.72. The stock’s fifty day moving average price is $25.60.
About Sound Equity Income ETF
The Sound Equity Income ETF (SDEI) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed, narrow portfolio, of US large- and mid-cap stocks, fundamentally selected for capital appreciation and dividend yield. SDEI was launched on Dec 30, 2020 and is managed by Sound Income Strategies.
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