Formidable Fortress ETF (NYSEARCA:KONG – Get Free Report)’s share price traded down 0.3% during mid-day trading on Wednesday . The stock traded as low as $30.62 and last traded at $30.84. 1,349 shares traded hands during trading, a decline of 47% from the average session volume of 2,557 shares. The stock had previously closed at $30.92.
Formidable Fortress ETF Price Performance
The company has a market capitalization of $30.07 million, a PE ratio of 25.60 and a beta of 0.56. The business’s 50 day simple moving average is $29.65 and its 200 day simple moving average is $28.18.
Formidable Fortress ETF Company Profile
The Formidable Fortress ETF (KONG) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to provide long-term capital appreciation by actively selecting a narrow basket of large- and mid-cap stocks from around the world. KONG was launched on Jul 22, 2021 and is managed by Formidable.
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