HCM Defender 100 Index ETF (NYSEARCA:QQH) Shares Gap Down – Here’s Why

HCM Defender 100 Index ETF (NYSEARCA:QQHGet Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $61.95, but opened at $57.95. HCM Defender 100 Index ETF shares last traded at $60.49, with a volume of 1,230 shares.

HCM Defender 100 Index ETF Stock Performance

The firm’s 50 day simple moving average is $66.49 and its 200-day simple moving average is $65.01. The company has a market cap of $514.62 million, a price-to-earnings ratio of 34.69 and a beta of 1.02.

About HCM Defender 100 Index ETF

(Get Free Report)

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.

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