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Eventide Announces Launch of Eventide High Dividend ETF (NYSE Arca: ELCV)
PRNewswire (Tue, 1-Oct 10:01 AM ET)
The Eventide High Dividend ETF (the "Fund") seeks to provide a high dividend yield by investing in companies that we believe are resilient, offer attractive dividend yields, and serve their stakeholders well. The Fund seeks to invest in companies providing long-term solutions necessary to human flourishing, while also delivering robust and stable dividend yields. Given this, the strategy invests in areas of the market offering attractive yield, including sectors like energy, utilities, industrials, technology, infrastructure, and real estate. The number of holdings will likely range from approximately 30 to 50, resulting in a high-conviction portfolio of high-quality, dividend-paying companies across a variety of sectors.
Strategy Shares Eventide High Dividend ETF trades on the ARCA stock market under the symbol ELCV.
As of October 4, 2024, ELCV stock price climbed to $25.62 with 8,039 million shares trading.
ELCV has a market cap of $640,610.00. This is considered a Sub-Micro Cap stock.
ELCV support price is $25.27 and resistance is $25.49 (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 ELCV shares will trade within this expected range on the day.