Reverb ETF (BATS:RVRB) to Issue $0.28 Dividend

Reverb ETF (BATS:RVRB) announced a dividend on Friday, December 27th,NASDAQ Dividends reports. Investors of record on Monday, December 30th will be given a dividend of 0.2814 per share on Tuesday, December 31st. The ex-dividend date is Monday, December 30th.

Reverb ETF Trading Down 1.2 %

RVRB stock traded down $0.37 during mid-day trading on Friday, reaching $31.37. 106 shares of the company traded hands. The company has a fifty day simple moving average of $31.21 and a 200 day simple moving average of $29.74. The firm has a market cap of $4.70 million, a PE ratio of 26.83 and a beta of 1.01.

Reverb ETF Company Profile

The Reverb ETF (RVRB) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed portfolio of approximately 500 of the largest companies listed in the US. It weights companies based on market sentiment through a proprietary web-based algorithm. RVRB was launched on Nov 4, 2022 and is managed by Penserra Capital Management.