Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) Shares Down 0.5% – Time to Sell?

Astoria US Quality Growth Kings ETF (NASDAQ:GQQQ) shares dropped 0.5% on Wednesday . The company traded as low as $35.04 and last traded at $35.24. Approximately 15,685 shares traded hands during mid-day trading, an increase of 6% from the average daily volume of 14,763 shares. The stock had previously closed at $35.43.

Astoria US Quality Growth Kings ETF Stock Performance

The firm’s fifty day moving average is $34.72 and its 200-day moving average is $31.79. The company has a market capitalization of $137.01 million, a P/E ratio of 27.86 and a beta of 1.28.

Institutional Trading of Astoria US Quality Growth Kings ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Vermillion & White Wealth Management Group LLC lifted its stake in shares of Astoria US Quality Growth Kings ETF by 3.0% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 531,686 shares of the company’s stock valued at $15,955,000 after acquiring an additional 15,707 shares during the last quarter. Ameriprise Financial Inc. bought a new stake in Astoria US Quality Growth Kings ETF during the 3rd quarter worth $298,000. Finally, Sound Income Strategies LLC bought a new stake in Astoria US Quality Growth Kings ETF during the 1st quarter worth $310,000.

Astoria US Quality Growth Kings ETF Company Profile

The Astoria US Quality Growth Kings ETF (GQQQ) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of 75 to 100 US companies exhibiting quality and growth characteristics. The fund uses a quantitative approach to stock selection GQQQ was launched on Oct 1, 2024 and is issued by Astoria.