HCM Defender 100 Index ETF (NYSEARCA:QQH) Sets New 12-Month High – Still a Buy?

Shares of HCM Defender 100 Index ETF (NYSEARCA:QQHGet Free Report) hit a new 52-week high on Thursday . The company traded as high as $85.01 and last traded at $84.69, with a volume of 21118 shares trading hands. The stock had previously closed at $83.44.

HCM Defender 100 Index ETF Stock Down 2.0%

The business has a 50 day simple moving average of $74.80 and a 200 day simple moving average of $76.51. The company has a market capitalization of $759.57 million, a PE ratio of 34.63 and a beta of 1.11.

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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