Akros Monthly Payout ETF (MPAY) Price, Holdings, & News

ETF Overview

The Akros Monthly Payout ETF (MPAY) is an exchange-traded fund that is based on the Akros Multi-Asset index. The fund is a passively managed, fund-of-funds representing a balanced portfolio of global equities, fixed income securities, and alternative investments which aims to provide monthly distributions. MPAY was launched on May 5, 2022 and is managed by Akros.

Key Stats

• Today's Range: $25.47 to $26.22
• 50-Day Range: $25.22 to $26.44
• 52-Week Range: $22.29 to $26.44
• Volume: 903 shs
• Average Volume: 713 shs
• Market Capitalization: $2.04 million
• Assets Under Management: $3.40 million
• Dividend Yield: 4.16%
• Net Expense Ratio: 0.59%
• Aggregate Rating: Moderate Buy

MPAY ETF - Frequently Asked Questions

How have MPAY shares performed this year?

Akros Monthly Payout ETF's stock was trading at $23.02 on January 1st, 2024. Since then, MPAY shares have increased by 10.6% and is now trading at $25.47.
View the best growth stocks for 2024 here.

How do I buy shares of Akros Monthly Payout ETF?

Shares of MPAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Akros Monthly Payout ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Akros Monthly Payout ETF investors own include TXO Partners (TXO), TXO Partners (TXO), Vanguard Long-Term Bond ETF (BLV), BNY Mellon US Large Cap Core Equity ETF (BKLC), BNY Mellon Core Bond ETF (BKAG), Burke & Herbert Financial Services (BHRB) and Becton, Dickinson and Company (BDX).

Fund Details

• Issuer: Exchange Traded Concepts
• Fund Name: Akros Monthly Payout ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:MPAY
• Inception Date: 5/5/2022
• Fund Manager: Andrew Serowik, Todd Alberico, Gabriel Tan
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Multi Asset
• Benchmark: Akros Multi-Asset Index
• Category: Asset Allocation
• Focus: Target Outcome
• Development Level: Blended Development
• Region: North America
• Number of Holdings: 59

Fund Statistics

• Assets Under Management: $3.40 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.00%

Administrator, Advisor and Custodian

• Administrator: The Bank of New York Mellon Corporation
• Advisor: Exchange Traded Concepts, LLC
• Custodian: The Bank of New York Mellon Corporation
• Distributor: Foreside Fund Services, LLC
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: GTS

Options

• Optionable: N/A
• Short Interest: 1,100 shs

Miscellaneous

• Outstanding Shares: 80,001
• Beta: 0.71
• Creation Fee: $500.00