Kurv Technology Titans Select ETF (NASDAQ:KQQQ) Trading Up 1.3% – What’s Next?

Kurv Technology Titans Select ETF (NASDAQ:KQQQ) rose 1.3% during mid-day trading on Thursday . The company traded as high as $28.15 and last traded at $28.01. Approximately 35,475 shares traded hands during mid-day trading, an increase of 63% from the average daily volume of 21,709 shares. The stock had previously closed at $27.64.

Kurv Technology Titans Select ETF Stock Up 1.3%

The stock has a market cap of $38.93 million, a P/E ratio of 31.91 and a beta of 1.20. The business has a 50 day moving average price of $29.10 and a two-hundred day moving average price of $28.20.

Kurv Technology Titans Select ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 26th. Investors of record on Tuesday, November 25th were given a $0.41 dividend. The ex-dividend date was Tuesday, November 25th. This represents a c) dividend on an annualized basis and a yield of 17.6%.

Institutional Trading of Kurv Technology Titans Select ETF

Several institutional investors and hedge funds have recently made changes to their positions in KQQQ. Envestnet Asset Management Inc. purchased a new stake in shares of Kurv Technology Titans Select ETF in the 3rd quarter worth $518,000. Wolverine Trading LLC purchased a new position in shares of Kurv Technology Titans Select ETF during the third quarter valued at $486,000. Jane Street Group LLC bought a new stake in shares of Kurv Technology Titans Select ETF in the first quarter valued at about $275,000. Finally, Forefront Wealth Partners LLC lifted its stake in Kurv Technology Titans Select ETF by 41.6% in the second quarter. Forefront Wealth Partners LLC now owns 28,920 shares of the company’s stock worth $787,000 after acquiring an additional 8,503 shares during the period.

Kurv Technology Titans Select ETF Company Profile

The Kurv Technology Titans Select ETF (KQQQ) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to actively generate income and pursue capital appreciation from a concentrated portfolio of large-cap technology stocks or derivatives, globally. The shift in underlying assets is determined by the advisers outlook for growth and momentum KQQQ was launched on Jul 22, 2024 and is issued by Kurv.