Formidable ETF (NYSEARCA:FORH – Get Free Report) fell 0.9% during mid-day trading on Wednesday . The company traded as low as $21.16 and last traded at $21.21. Approximately 1,498 shares traded hands during trading, a decline of 31% from the average daily volume of 2,156 shares. The stock had previously closed at $21.41.
Formidable ETF Stock Performance
The firm has a market cap of $20.68 million, a P/E ratio of 14.61 and a beta of 0.56. The firm’s fifty day moving average is $21.29 and its 200 day moving average is $22.05.
Formidable ETF Company Profile
The Formidable ETF (FORH) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks long-term capital appreciation by actively managing a multi-strategy approach to providing alternative exposure, include tail hedge. FORH was launched on Apr 28, 2021 and is managed by Formidable.
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