HCM Defender 100 Index ETF (NYSEARCA:QQH) Shares Up 0.6% – Here’s Why
by Michael Walen · The Markets DailyHCM Defender 100 Index ETF (NYSEARCA:QQH – Get Free Report)’s share price shot up 0.6% on Wednesday . The stock traded as high as $70.45 and last traded at $70.28. 53,225 shares were traded during mid-day trading, an increase of 17% from the average session volume of 45,305 shares. The stock had previously closed at $69.83.
HCM Defender 100 Index ETF Stock Performance
The business has a fifty day simple moving average of $74.29 and a 200 day simple moving average of $76.45. The company has a market cap of $633.15 million, a P/E ratio of 34.63 and a beta of 1.14.
About HCM Defender 100 Index ETF
The HCM Defender 100 Index ETF (QQH) is an exchange-traded fund that is based on the HCM Defender 100 index. The fund tracks a proprietary index that toggles between technology stocks and Treasurys, or a combination of both, depending on risk in the U.S. equity market. QQH was launched on Oct 10, 2019 and is managed by HCM.