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abrdn Launches First Active ETFs
ACCESS Newswire (Tue, 18-Feb 9:04 AM ET)
The abrdn Emerging Markets Dividend Active ETF (the "Emerging Markets Dividend Active ETF" or the "Fund") seeks total return consisting of income and long-term capital appreciation. The ETF invests at least 80% of the value of its net assets, plus any borrowings for investment purposes, in equity securities of emerging market companies that pay dividend income. The Fund will invest primarily in common stocks but may also invest in other types of equity securities, including, but not limited to, preferred stock and depositary receipts. An emerging market country is any country determined by the Adviser or Sub-adviser. Emerging market countries may include countries considered to be frontier markets. Frontier markets are those markets included in the MSCI Frontier Markets Index. The Fund may invest in securities of any market capitalization. In seeking to achieve the Fund's investment objective, the investment team narrows the investable universe by looking at the dividend potential of companies and focusing on fundamental factors. The Adviser's and Sub-adviser's primary focus is on stock selection using research techniques to select individual holdings.
Abrdn Emerging Markets Dividend Active ETF trades on the NASDAQ stock market under the symbol AGEM.
As of March 10, 2025, AGEM stock price declined to $28.89 with 395 million shares trading.
AGEM has a market cap of $69.64 million. This is considered a Micro Cap stock.
AGEM support price is $29.25 and resistance is $29.81 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AGEM shares will trade within this expected range on the day.