Donoghue Forlines Risk Managed Innovation ETF (BATS:DFNV) Shares Down 0.8%

Donoghue Forlines Risk Managed Innovation ETF (BATS:DFNV) fell 0.8% on Thursday . The company traded as low as $28.74 and last traded at $29.02. 3,095 shares traded hands during trading, The stock had previously closed at $29.25.

Donoghue Forlines Risk Managed Innovation ETF Stock Performance

The company has a fifty day simple moving average of $29.99 and a two-hundred day simple moving average of $28.03. The firm has a market capitalization of $42.94 million, a PE ratio of 36.28 and a beta of 0.80.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Donoghue Forlines Risk Managed Innovation ETF stock. Wellington Wealth Strategies LLC. purchased a new stake in Donoghue Forlines Risk Managed Innovation ETF (BATS:DFNV) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 19,648 shares of the company’s stock, valued at approximately $546,000. Wellington Wealth Strategies LLC. owned 1.33% of Donoghue Forlines Risk Managed Innovation ETF at the end of the most recent quarter.

About Donoghue Forlines Risk Managed Innovation ETF

The Donoghue Forlines Risk Managed Innovation ETF (DFNV) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund tracks an index that seeks to provide risk-managed exposure to US all-cap companies with strong free cash flow and R&D investments. DFNV was launched on Dec 8, 2020 and is managed by Donoghue Forlines.