Formidable ETF (NYSEARCA:FORH – Get Free Report) shares were down 0.7% during trading on Friday . The company traded as low as $25.45 and last traded at $25.52. Approximately 781 shares were traded during mid-day trading, a decline of 3% from the average daily volume of 805 shares. The stock had previously closed at $25.70.
Formidable ETF Price Performance
The company has a fifty day moving average price of $25.00 and a two-hundred day moving average price of $24.91. The firm has a market cap of $20.93 million, a price-to-earnings ratio of 17.10 and a beta of 0.56.
Formidable ETF Announces Dividend
The firm also recently disclosed an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 24th were given a dividend of $0.4394 per share. The ex-dividend date was Wednesday, December 24th. This represents a dividend yield of 176.0%.
About Formidable ETF
The Formidable ETF (FORH) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks long-term capital appreciation by actively managing a multi-strategy approach to providing alternative exposure, include tail hedge. FORH was launched on Apr 28, 2021 and is managed by Formidable.
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