SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) Announces Dividend Increase – $0.02 Per Share

SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) announced a dividend on Tuesday, March 18th, NASDAQ Dividends reports. Shareholders of record on Wednesday, March 19th will be paid a dividend of 0.0237 per share on Thursday, March 20th. The ex-dividend date is Wednesday, March 19th. This is a 17.1% increase from SMI 3Fourteen Full-Cycle Trend ETF’s previous dividend of $0.02.

SMI 3Fourteen Full-Cycle Trend ETF Stock Up 1.2 %

NASDAQ FCTE traded up $0.30 on Wednesday, reaching $25.73. The stock had a trading volume of 25,606 shares, compared to its average volume of 197,331. The firm has a market capitalization of $437.41 million and a price-to-earnings ratio of 26.35. SMI 3Fourteen Full-Cycle Trend ETF has a 12-month low of $24.46 and a 12-month high of $28.25. The stock has a fifty day moving average price of $26.53 and a two-hundred day moving average price of $26.73.

About SMI 3Fourteen Full-Cycle Trend ETF

The SMI 3Fourteen Full-Cycle Trend ETF (FCTE) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks long-term capital appreciation by actively managing a narrow portfolio of large-cap US stocks. Stock selection is based on a proprietary model that screens for quality metrics and trend factors.