Financial Enhancement Group LLC Decreases Stock Holdings in VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ)

Financial Enhancement Group LLC trimmed its position in shares of VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) by 36.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,473 shares of the company’s stock after selling 15,054 shares during the quarter. Financial Enhancement Group LLC’s holdings in VanEck Long/Flat Trend ETF were worth $1,288,000 as of its most recent filing with the Securities & Exchange Commission.

VanEck Long/Flat Trend ETF Trading Up 2.6 %

Shares of LFEQ stock opened at $50.14 on Thursday. The stock has a market capitalization of $30.08 million, a price-to-earnings ratio of 25.12 and a beta of 0.96. VanEck Long/Flat Trend ETF has a twelve month low of $36.01 and a twelve month high of $50.14. The stock has a fifty day simple moving average of $48.31 and a two-hundred day simple moving average of $46.45.

About VanEck Long/Flat Trend ETF

The VanEck Long\u002FFlatTrend ETF (LFEQ) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that uses technical signals to determine an allocation between the S&P 500 and US Treasury bills. The fund may use ETFs for equity exposure. LFEQ was launched on Oct 4, 2017 and is managed by VanEck.