First Trust Indxx Metaverse ETF (ARVR) To Go Ex-Dividend on June 25th

First Trust Indxx Metaverse ETF (NASDAQ:ARVR) declared a quarterly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 25th will be given a dividend of 0.1065 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, June 25th.

First Trust Indxx Metaverse ETF Stock Performance

NASDAQ:ARVR opened at $55.18 on Friday. The firm’s 50-day moving average is $54.22 and its 200-day moving average is $49.85. The company has a market cap of $5.52 million, a price-to-earnings ratio of 29.06 and a beta of 1.24. First Trust Indxx Metaverse ETF has a 52-week low of $42.61 and a 52-week high of $58.55.

Hedge Funds Weigh In On First Trust Indxx Metaverse ETF

An institutional investor recently raised its position in First Trust Indxx Metaverse ETF stock. Jane Street Group LLC raised its position in First Trust Indxx Metaverse ETF (NASDAQ:ARVR) by 34.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,814 shares of the company’s stock after acquiring an additional 3,758 shares during the period. Jane Street Group LLC owned about 29.63% of First Trust Indxx Metaverse ETF worth $564,000 as of its most recent SEC filing.

About First Trust Indxx Metaverse ETF

The First Trust Indxx Metaverse ETF (ARVR) is an exchange-traded fund that is based on the Indxx Metaverse index. The fund tracks a modified equal-weighted index of stocks, spanning a broad range of industries globally, that are involved in business activities associated with the Metaverse. ARVR was launched on Apr 19, 2022 and is managed by First Trust.