Shares of Formidable Fortress ETF (NYSEARCA:KONG – Get Free Report) were down 0.4% during mid-day trading on Friday . The stock traded as low as $29.00 and last traded at $29.00. Approximately 100 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 2,536 shares. The stock had previously closed at $29.11.
Formidable Fortress ETF Price Performance
The firm has a market cap of $28.28 million, a price-to-earnings ratio of 25.60 and a beta of 0.56. The stock has a 50-day moving average of $27.95 and a 200-day moving average of $27.29.
Formidable Fortress ETF Company Profile
The Formidable Fortress ETF (KONG) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to provide long-term capital appreciation by actively selecting a narrow basket of large- and mid-cap stocks from around the world. KONG was launched on Jul 22, 2021 and is managed by Formidable.
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