Albion Financial Group UT Takes $49,000 Position in Global X Solar ETF (NASDAQ:RAYS)

Albion Financial Group UT bought a new stake in Global X Solar ETF (NASDAQ:RAYS) in the first quarter, Holdings Channel.com reports. The institutional investor bought 4,143 shares of the company’s stock, valued at approximately $49,000.

Global X Solar ETF Stock Performance

Shares of Global X Solar ETF stock opened at $9.68 on Thursday. The stock has a market capitalization of $5.52 million, a PE ratio of -43.95 and a beta of 1.08. Global X Solar ETF has a 52 week low of $9.40 and a 52 week high of $18.95. The stock has a 50 day moving average price of $11.08 and a two-hundred day moving average price of $11.50.

Global X Solar ETF Dividend Announcement

The firm also recently declared a Semi-Annual dividend, which will be paid on Friday, July 5th. Investors of record on Thursday, June 27th will be given a $0.0308 dividend. The ex-dividend date of this dividend is Thursday, June 27th. Global X Solar ETF’s payout ratio is currently -13.62%.

Global X Solar ETF Company Profile

The Global X Solar ETF (RAYS) is an exchange-traded fund that is based on the Solactive Solar index, a market-cap-weighted index of global solar energy companies selected based on their revenue generated from solar-related business, and ESG criteria. RAYS was launched on Sep 8, 2021 and is managed by Global X.