HCM Defender 100 Index ETF (NYSEARCA:QQH) Trading Up 0.1% – Still a Buy?

HCM Defender 100 Index ETF (NYSEARCA:QQH)’s share price shot up 0.1% during trading on Wednesday . The company traded as high as $75.57 and last traded at $75.08. 23,451 shares traded hands during trading, a decline of 49% from the average session volume of 46,271 shares. The stock had previously closed at $75.04.

HCM Defender 100 Index ETF Trading Up 0.1%

The company has a fifty day simple moving average of $76.38 and a 200-day simple moving average of $76.52. The company has a market capitalization of $675.72 million, a PE ratio of 34.63 and a beta of 1.14.

HCM Defender 100 Index ETF Announces Dividend

The company also recently declared an annual dividend, which was paid on Monday, December 22nd. Stockholders of record on Tuesday, December 16th were given a dividend of $0.1637 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 21.0%.

About HCM Defender 100 Index ETF

The HCM Defender 100 Index ETF (QQH) is an exchange-traded fund that is based on the HCM Defender 100 index. The fund tracks a proprietary index that toggles between technology stocks and Treasurys, or a combination of both, depending on risk in the U.S. equity market. QQH was launched on Oct 10, 2019 and is managed by HCM.