Jacob Forward ETF (NYSEARCA:JFWD) Trading 1.9% Higher

Jacob Forward ETF (NYSEARCA:JFWD – Get Rating)’s share price traded up 1.9% during mid-day trading on Monday . The company traded as high as $7.93 and last traded at $7.87. 501 shares were traded during trading, a decline of 64% from the average session volume of 1,408 shares. The stock had previously closed at $7.72.

Jacob Forward ETF Stock Performance

The stock’s 50 day simple moving average is $8.66 and its 200-day simple moving average is $8.53.

Institutional Trading of Jacob Forward ETF

A hedge fund recently raised its stake in Jacob Forward ETF stock. Royal Bank of Canada lifted its holdings in Jacob Forward ETF (NYSEARCA:JFWD – Get Rating) by 88.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,050 shares of the company’s stock after acquiring an additional 7,081 shares during the quarter. Royal Bank of Canada owned 4.07% of Jacob Forward ETF worth $130,000 as of its most recent SEC filing.

About Jacob Forward ETF

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The Jacob Forward ETF (JFWD) is an exchange-traded fund that mostly invests in information technology equity. The fund is actively managed to invest in equity securities of US companies engaged in innovative and disruptive technologies, including those in their early stages of development. JFWD was launched on Jul 13, 2021 and is managed by Jacob.