|Bid||16.61 x 2200|
|Ask||16.62 x 2200|
|Day's Range||16.53 - 16.78|
|52 Week Range||15.03 - 18.61|
|PE Ratio (TTM)||9.03|
|Beta (3Y Monthly)||0.83|
|Expense Ratio (net)||0.54%|
Let us dig into some of the ETFs that are below $20, and have AUM of over $50 million and average daily volume of at least 50,000 shares that could lead to huge gains in the coming months.
WisdomTree U.S. MidCap Dividend ETF DON employs a fundamental weighting approach and is a strong candidate for exposure to dividend-paying U.S. mid-cap stocks. This fund weights its holdings by their expected dividend payment, which effectively diversifies risk, and rebalances into stocks as they become cheaper relative to their dividends. Many dividend-oriented funds land in the mid-value Morningstar Category because they weight large-cap stocks by dividend yield or equally, which knocks down their portfolio's weighted average market cap.
Most investors want to put their money in equities but may not be able to afford large stakes in valuable companies with higher priced stocks. For them, low-priced stocks could be attractive as these will enable them to buy more number of shares instead of just a handful of higher priced stocks for the same amount. For example, an investor willing to spend $10,000 can either purchase at least 500 shares of a stock trading under $20 or only 100 shares of a stock trading at $100.Source: Shutterstock
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We have dug into ETFs that are below $20 and have AUM of over $300 million and average daily volume of more than 100,000 shares. These low-priced ETFs could lead to huge gains in the coming months.
For years, many investors did not associate small-cap stocks with dividends. Even today, the Russell 2000 Index and the S&P SmallCap 600 Index, two of the most widely followed gauges of U.S. smaller companies, yield an average of 1.2% on a trailing 12-month basis.