Shares of Adaptive High Income ETF (NYSEARCA:AHHX – Get Free Report) dropped 0.1% on Friday . The company traded as low as $8.17 and last traded at $8.33. Approximately 36,000 shares traded hands during mid-day trading, a decline of 27% from the average daily volume of 49,480 shares. The stock had previously closed at $8.33.
Adaptive High Income ETF Stock Performance
The stock has a market capitalization of $25.91 million, a PE ratio of 13.87 and a beta of 0.66. The firm’s 50 day moving average is $8.33 and its two-hundred day moving average is $8.33.
Adaptive High Income ETF Company Profile
The Adaptive High Income ETF (AHHX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed global portfolio of income-producing securities including fixed income, MLPs and REITS. The fund uses a market trend analysis to initiate periods of hedging.
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