Arrow Dow Jones Global Yield ETF (NYSEARCA:GYLD) Shares Down 1.8% – Here’s Why

Arrow Dow Jones Global Yield ETF (NYSEARCA:GYLD)’s share price traded down 1.8% on Thursday . The company traded as low as $12.29 and last traded at $12.33. 3,655 shares were traded during trading, an increase of 8% from the average session volume of 3,385 shares. The stock had previously closed at $12.55.

Arrow Dow Jones Global Yield ETF Stock Performance

The company has a market capitalization of $20.34 million, a price-to-earnings ratio of 6.31 and a beta of 0.26. The business has a 50-day simple moving average of $13.04 and a two-hundred day simple moving average of $13.19.

Arrow Dow Jones Global Yield ETF Company Profile

The Arrow Dow Jones Global Yield ETF (GYLD) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index weighted equally between equities, sovereign debt, corporate debt, real estate and energy. The ETF seeks to invest in 150 securities and provide monthly distributions.