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MEDIA AND ENTERTAINMENT

iShares U.S. Media and Entertainment ETF traded 0.4 percent

iShares U.S. Media and Entertainment ETF traded 0.4 percent
The Siliconreview
07 January, 2020

iShares U.S. Media and Entertainment ETF traded 0.4 percent during Monday's midday trading. The stock traded as high as $27.66 and closed last at $27.65, changing hands at 7,991 shares. Previously, the stock had closed at $27.54. The company's moving average of 50 days is $27.53 and its moving average of 200 days is $27.41. Recently, the company also announced a quarterly dividend paid on Friday, December 20. Financial holders paid a dividend of $1,0633 per share on Tuesday, December 17th. This dividend's ex-dividend date was on Monday, December 16.This represents an annualized dividend of $4.25 and a 15.35 percent dividend yield. This is a boost from the previous quarterly dividend of $0.05 from iShares Evolved U.S. Media and Entertainment ETF.

A new position in iShares Evolved U.S. Media and Entertainment ETF shares has recently been acquired by an institutional investor. According to the company's latest filing with the Securities & Exchange Commission, Susquehanna International Group LLP purchased a new stake in iShares Evolved U.S. Media and Entertainment ETF shares during the 2nd quarter. The fund bought 40,588 shares of the stock of the firm, valued at around $1,118,000.