SYGT40 - Sygnia Itrix Top 40 ETF

Apr 26, 2024 at 13:40 Twitter · Facebook

SYGT40 share price on Johannesburg Stock Exchange

The Sygnia Itrix Top 40 ETF is a high-risk, passively managed index-tracking fund registered as a collective investments scheme and listed on the Johannesburg Stock Exchange as an exchange traded fund. The objective of this portfolio is to provide simple access to investors who wish to track the movements of the FTSE/JSE TOP 40 Index through investing in the physical index securities. The FTSE/JSE TOP 40 Index consists of the largest 40 companies listed on the JSE, ranked by investable market capitalization in the FTSE/JSE All Share Index.

The investment policy of the Sygnia Itrix Top 40 ETF portfolio is to track the FTSE/JSE TOP 40 Index as closely as possible by buying securities included in the index at similar weighting as they are included in the index. Whenever the index is rebalanced by the FTSE/JSE Advisory Committee, the portfolio purchases the newly included constituent securities, sell the excluded securities, and buy or sell the securities that remain in the index to ensure that the constituents securities held by the portfolio are in similar weightings to those in the index.

Sygnia Itrix Top 40 ETF is listed on the Johannesburg Stock Exchange (JSE). Sygnia Itrix Top 40 ETF is traded on the JSE under the ticker symbol “SYGT40”. The International Securities Identification Number (ISIN) of JSE:SYGT40 is ZAE000251351. Sygnia Itrix Top 40 ETF is currently the 269th most valuable stock on the JSE with a market capitalization of ZAR 591 million, which is about 0.0031% of the Johannesburg Stock Exchange equity market.

SYGT40 Stock Market Performance

The current share price of Sygnia Itrix Top 40 ETF (SYGT40) is ZAR 70.30. SYGT40 closed its last trading day (Thursday, April 25, 2024) at 69.42 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.4% drop from its previous closing price of 69.67 ZAR. Sygnia Itrix Top 40 ETF began the year with a share price of 70.39 ZAR but has since lost 1.38% off that price valuation, ranking it 172nd on the JSE in terms of year-to-date performance.

Sygnia Itrix Top 40 ETF is the 299th most traded stock on the Johannesburg Stock Exchange over the past three months (Jan 25 - Apr 25, 2024). SYGT40 has traded a total volume of 477,589 shares—in 421 deals—valued at ZAR 32.3 million over the period, with an average of 7,581 traded shares per session. A volume high of 63,525 was achieved on February 19th for the same period. The table below details the last 10 trading days of activity of Sygnia Itrix Top 40 ETF on the Johannesburg Stock Exchange.

Profile of Sygnia Itrix (RF) Pty Limited

Sygnia Itrix (RF) Pty Limited operates in the Financials sector, specifically, the Investment Services industry.

SYGT40 Industrial Market Competitors

Sygnia Itrix (RF) Pty Limited, issuers of the SYGT40, Sygnia Itrix FANG.AI Actively Managed ETF (+10.04%), Sygnia Itrix EURO STOXX 50 ETF (+9.94%), Sygnia Itrix S&P 500 ETF (+7.12%), Sygnia Itrix MSCI US ETF (+7.05%), Sygnia Itrix S&P Global 1200 ESG ETF (+5.87%), Sygnia Itrix MSCI World Index ETF (+5.76%), Sygnia Itrix FTSE 100 ETF (+5.35%), Sygnia Itrix MSCI Japan ETF (+5.16%), Sygnia Itrix MSCI EM 50 ETF (+5.1%) and Sygnia Itrix SOL H150 ETF (+4.39%) 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