Formidable Fortress ETF (NYSEARCA:KONG – Get Free Report)’s stock price was down 0.3% during mid-day trading on Wednesday . The stock traded as low as $30.62 and last traded at $30.84. Approximately 1,349 shares changed hands during trading, a decline of 47% from the average daily volume of 2,557 shares. The stock had previously closed at $30.92.
Formidable Fortress ETF Stock Performance
The company has a fifty day simple moving average of $29.69 and a 200 day simple moving average of $28.20. The stock has a market capitalization of $30.07 million, a price-to-earnings ratio of 25.60 and a beta of 0.56.
About Formidable Fortress ETF
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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