SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) Trading Down 1.1% – Should You Sell?

SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQGet Free Report) fell 1.1% during trading on Thursday . The stock traded as low as $27.01 and last traded at $27.22. 15,736 shares traded hands during trading, a decline of 37% from the average session volume of 24,961 shares. The stock had previously closed at $27.53.

SGI Enhanced Nasdaq-100 ETF Stock Performance

The firm has a market cap of $57.16 million, a price-to-earnings ratio of 46.85 and a beta of 1.16. The business has a fifty day moving average of $27.72 and a two-hundred day moving average of $29.92.

SGI Enhanced Nasdaq-100 ETF Company Profile

(Get Free Report)

The SGI Enhanced Nasdaq 100 ETF (QXQ) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages a portfolio of Nasdaq-listed companies while employing a put-and-call options writing strategy. The fund seeks to generate income from selling short-term options against broad market indices QXQ was launched on Jun 14, 2024 and is issued by Summit Global Investments.

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