Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) Trading Down 0.2% – What’s Next?

Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) shares fell 0.2% during trading on Friday . The stock traded as low as $30.27 and last traded at $30.3350. 3,407 shares changed hands during mid-day trading, a decline of 63% from the average session volume of 9,188 shares. The stock had previously closed at $30.39.

Calamos Nasdaq Equity & Income ETF Price Performance

The stock has a 50-day moving average price of $30.29 and a 200 day moving average price of $29.04.

Calamos Nasdaq Equity & Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 7th. Shareholders of record on Monday, November 3rd were given a dividend of $0.111 per share. The ex-dividend date was Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 4.4%.

Institutional Trading of Calamos Nasdaq Equity & Income ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. IFP Advisors Inc lifted its stake in Calamos Nasdaq Equity & Income ETF by 50.5% in the 1st quarter. IFP Advisors Inc now owns 3,029 shares of the company’s stock valued at $81,000 after buying an additional 1,017 shares in the last quarter. Golden State Equity Partners purchased a new stake in Calamos Nasdaq Equity & Income ETF during the 2nd quarter worth approximately $641,000. Jane Street Group LLC acquired a new position in shares of Calamos Nasdaq Equity & Income ETF during the second quarter valued at approximately $382,000. Osaic Holdings Inc. lifted its position in shares of Calamos Nasdaq Equity & Income ETF by 155.4% in the second quarter. Osaic Holdings Inc. now owns 3,778 shares of the company’s stock valued at $109,000 after acquiring an additional 2,299 shares in the last quarter. Finally, Calamos Wealth Management LLC purchased a new position in shares of Calamos Nasdaq Equity & Income ETF in the third quarter valued at approximately $1,151,000.

Calamos Nasdaq Equity & Income ETF Company Profile

The Calamos Alternative Nasdaq & Bond ETF (CANQ) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is actively managed to provide convertible security-like exposure to the NASDAQ-100 Index. The portfolio contains a mix of equity options and fixed income exposure to pursue favorable risk-adjusted returns CANQ was launched on Feb 13, 2024 and is issued by Calamos.