Jacob Forward ETF (NYSEARCA:JFWD – Get Free Report) dropped 0.3% during trading on Friday . The company traded as low as $11.88 and last traded at $11.88. Approximately 87 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 649 shares. The stock had previously closed at $11.91.
Jacob Forward ETF Price Performance
The firm has a 50-day simple moving average of $11.88 and a two-hundred day simple moving average of $11.88.
Hedge Funds Weigh In On Jacob Forward ETF
A hedge fund recently bought a new position in Jacob Forward ETF stock. Pin Oak Investment Advisors Inc. acquired a new position in Jacob Forward ETF (NYSEARCA:JFWD – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,510 shares of the company’s stock, valued at approximately $1,075,000. Pin Oak Investment Advisors Inc. owned about 1.56% of Jacob Forward ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
About Jacob Forward ETF
The Jacob Forward ETF (JFWD) is an exchange-traded fund that mostly invests in information technology equity. The fund is actively managed to invest in equity securities of US companies engaged in innovative and disruptive technologies, including those in their early stages of development. JFWD was launched on Jul 13, 2021 and is managed by Jacob.
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