HCM Defender 100 Index ETF (NYSEARCA:QQH) Sees Large Volume Increase – Still a Buy?

HCM Defender 100 Index ETF (NYSEARCA:QQHGet Free Report) shares saw unusually-high trading volume on Monday . Approximately 53,236 shares changed hands during mid-day trading, an increase of 14% from the previous session’s volume of 46,863 shares.The stock last traded at $78.23 and had previously closed at $78.03.

HCM Defender 100 Index ETF Stock Down 0.3%

The firm has a market cap of $703.82 million, a price-to-earnings ratio of 34.63 and a beta of 1.11. The stock has a 50 day moving average of $73.34 and a 200 day moving average of $76.13.

About HCM Defender 100 Index ETF

(Get Free Report)

The HCM Defender 100 Index ETF (QQH) is an exchange-traded fund that is based on the HCM Defender 100 index. The fund tracks a proprietary index that toggles between technology stocks and Treasurys, or a combination of both, depending on risk in the U.S. equity market. QQH was launched on Oct 10, 2019 and is managed by HCM.

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