Donoghue Forlines Risk Managed Innovation ETF (BATS:DFNV) Stock Price Down 0.8%

Donoghue Forlines Risk Managed Innovation ETF (BATS:DFNV)’s share price traded down 0.8% during mid-day trading on Thursday . The stock traded as low as $28.74 and last traded at $29.02. 3,095 shares were traded during trading, The stock had previously closed at $29.25.

Donoghue Forlines Risk Managed Innovation ETF Stock Down 0.8 %

The company has a market capitalization of $42.94 million, a P/E ratio of 36.28 and a beta of 0.80. The business’s 50-day moving average is $29.99 and its two-hundred day moving average is $28.03.

Hedge Funds Weigh In On Donoghue Forlines Risk Managed Innovation ETF

An institutional investor recently bought a new position in Donoghue Forlines Risk Managed Innovation ETF stock. Wellington Wealth Strategies LLC. acquired a new stake in shares of Donoghue Forlines Risk Managed Innovation ETF (BATS:DFNV) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,648 shares of the company’s stock, valued at approximately $546,000. Wellington Wealth Strategies LLC. owned 1.33% of Donoghue Forlines Risk Managed Innovation ETF at the end of the most recent quarter.

About Donoghue Forlines Risk Managed Innovation ETF

The Donoghue Forlines Risk Managed Innovation ETF (DFNV) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund tracks an index that seeks to provide risk-managed exposure to US all-cap companies with strong free cash flow and R&D investments. DFNV was launched on Dec 8, 2020 and is managed by Donoghue Forlines.