Company Overview
The index includes U.S. dollar-denominated investment-grade sukuk, which are financial certificates, similar to bonds, issued in the global markets and structured to comply with Islamic religious law commonly known as Sharia and its investment principles. The manager attempts to invest all, or substantially all, of its assets in the component securities that make up the index. Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index. It is non-diversified.
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Financial Services leader with 334.92M market capitalization
- Trading Volume: 49.08K shares traded today
- Price Range: 52-week range of $17.51 - $18.73
- Exchange: Listed on New York Stock Exchange Arca
Financial Metrics
Market Analysis for SP Funds Dow Jones Global Sukuk ETF
SP Funds Dow Jones Global Sukuk ETF (SPSK) operates in the Asset Management industry within the Financial Services sector. With a current market capitalization of 334.92M, the company represents a significant player in its market. The stock is currently trading at $18.49 with a positivedaily change of 0.49%.
The company's substantial employee base and presence on the New York Stock Exchange Arcaexchange position it as a Financial Services sector leader. Investors should consider the stock's P/E ratio of N/A, beta of 0.56, and 52-week price range from $17.51 to $18.73when evaluating investment opportunities.
Why Invest in SP Funds Dow Jones Global Sukuk ETF?
Strengths
- • Established market presence in Financial Services
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange Arca)
- • Experienced leadership under
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Financial Services Stocks
About Financial Services Sector
The Financial Services sector includes companies that provide banking, insurance, investment, and other financial services to consumers and businesses.