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

Donoghue Forlines Risk Managed Innovation ETF (BATS:DFNV) dropped 0.8% on Thursday . The company traded as low as $28.74 and last traded at $29.02. Approximately 3,095 shares traded hands during trading, The stock had previously closed at $29.25.

Donoghue Forlines Risk Managed Innovation ETF Trading Up 0.7 %

The business has a 50 day simple moving average of $29.97 and a two-hundred day simple moving average of $28.06. The stock has a market cap of $43.24 million, a price-to-earnings ratio of 36.28 and a beta of 0.80.

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

Donoghue Forlines Risk Managed Innovation ETF Company Profile

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.