Sparkline Intangible Value ETF (NYSEARCA:ITAN) Trading Down 0.8% – Here’s Why

Shares of Sparkline Intangible Value ETF (NYSEARCA:ITAN) were down 0.8% on Monday . The stock traded as low as $30.78 and last traded at $30.78. Approximately 725 shares traded hands during trading, a decline of 81% from the average daily volume of 3,885 shares. The stock had previously closed at $31.01.

Sparkline Intangible Value ETF Price Performance

The business has a 50 day simple moving average of $29.62 and a 200-day simple moving average of $28.68. The stock has a market capitalization of $40.01 million, a price-to-earnings ratio of 22.65 and a beta of 1.04.

Sparkline Intangible Value ETF Company Profile

The Sparkline Intangible Value ETF (ITAN) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund comprised of US-listed companies the fund adviser believes to be attractive in terms of intangible assets. ITAN was launched on Jun 29, 2021 and is managed by Sparkline.