Guru Favorite Stocks ETF (NASDAQ:GFGF) Trading Up 0.5% – Here’s What Happened

Shares of Guru Favorite Stocks ETF (NASDAQ:GFGF) shot up 0.5% on Thursday . The company traded as high as $35.20 and last traded at $35.17. 2,306 shares traded hands during mid-day trading, an increase of 156% from the average session volume of 900 shares. The stock had previously closed at $35.00.

Guru Favorite Stocks ETF Stock Up 0.0%

The stock has a market capitalization of $37.32 million, a price-to-earnings ratio of 31.06 and a beta of 1.06. The company has a 50 day simple moving average of $34.41 and a 200-day simple moving average of $33.50.

Institutional Trading of Guru Favorite Stocks ETF

A hedge fund recently raised its stake in Guru Favorite Stocks ETF stock. Royal Bank of Canada raised its stake in Guru Favorite Stocks ETF (NASDAQ:GFGF) by 96.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,750 shares of the company’s stock after purchasing an additional 6,269 shares during the quarter. Royal Bank of Canada owned 1.20% of Guru Favorite Stocks ETF worth $390,000 as of its most recent filing with the Securities & Exchange Commission.

Guru Favorite Stocks ETF Company Profile

The Guru Favorite Stocks ETF Guru Favorite Stocks Fund (GFGF) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US-listed companies that are favored by prominent long-term investors. GFGF was launched on Dec 16, 2021 and is managed by Alpha Architect.