Formidable Fortress ETF (NYSEARCA:KONG) Stock Price Down 0.3% – Here’s What Happened

Formidable Fortress ETF (NYSEARCA:KONGGet Free Report) traded down 0.3% on Wednesday . The company 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 Trading Down 0.3 %

The firm has a market capitalization of $30.07 million, a PE ratio of 25.60 and a beta of 0.56. The business has a fifty day moving average price of $29.65 and a two-hundred day moving average price of $28.18.

About Formidable Fortress ETF

(Get Free Report)

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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