STXID - Satrix Inclusion & Diversity ETF

May 13, 2024 at 20:11 Twitter · Facebook

STXID share price on Johannesburg Stock Exchange

The Satrix Inclusion & Diversity ETF is a portfolio in the Satrix Collective Investment Scheme, registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002. The I&D ETF invests in the JSE's 30 most diverse and inclusive companies that scored the highest on metrics such as gender split, BEE, number of disabled employees, HIV/AIDS policies, day-care, and working hours. Helena Conradie, CEO of Satrix, says there is encouraging evidence that companies that are world leaders in terms of workplace inclusion and diversity are not only good for their employees, but they also make a materially good investment.

Developed with Refinitiv, the world's largest provider of financial markets data, the index ranks JSE-listed companies according to key metrics, along with specific transformation metrics unique to South Africa, to create a one-of-a-kind ETF of South Africa’s most inclusive and diverse organizations. Woolworths, Nedbank, BAT, Adcock Ingram, and Foschini are among the top scorers. Satrix believes research has shown that companies with diverse workforces perform well in the complex, interconnected digital world.

Satrix Inclusion & Diversity ETF is listed on the Johannesburg Stock Exchange (JSE) since August 11th, 2021. Satrix Inclusion & Diversity ETF is traded on the JSE under the ticker symbol “STXID”. The International Securities Identification Number (ISIN) of JSE:STXID is ZAE000300570. Satrix Inclusion & Diversity ETF is currently the 394th most valuable stock on the JSE with a market capitalization of ZAR 15.9 million, which makes about 0.0001% of the Johannesburg Stock Exchange equity market.

STXID Stock Market Performance

The current share price of Satrix Inclusion & Diversity ETF (STXID) is ZAR 29.40. STXID closed its last trading day (Monday, May 13, 2024) at 29.40 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.4% gain over its previous closing price of 28.99 ZAR. Satrix Inclusion & Diversity ETF began the year with a share price of 28.63 ZAR and has since gained 2.69% on that price valuation, ranking it 154th on the JSE in terms of year-to-date performance.

Satrix Inclusion & Diversity ETF is the 351st most traded stock on the Johannesburg Stock Exchange over the past three months (Feb 8 - May 13, 2024). STXID has traded a total volume of 54,077 shares—in 75 deals—valued at ZAR 1.53 million over the period, with an average of 858 traded shares per session. A volume high of 23,191 was achieved on February 28th for the same period. The table below details the last 10 trading days of activity of Satrix Inclusion & Diversity ETF on the Johannesburg Stock Exchange.

Profile of Satrix Investments (Pty) Limited

Satrix Investments (Pty) Limited operates in the Financials sector, specifically, the Investment Services industry.

STXID Industrial Market Competitors

Satrix Investments (Pty) Limited, issuers of the STXID, Satrix MSCI China ETF (+12.57%), Satrix RESI ETF Portfolio (+10.72%), Satrix S&P 500 Feeder (+8.1%), Satrix MSCI World Feeder (+7.65%), Satrix JSE Global Equity ETF (+7.33%), Satrix Nasdaq 100 Prtf (+6.71%), Satrix MSCI World ESG ETF (+6.03%), Satrix INDI Portfolio (+5.58%), Satrix MSCI EMG Markets (+5.35%) and Satrix RAFI 40 Portfolio (+5.19%) stocks on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Investment Services industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange