Financial Enhancement Group LLC Sells 22,331 Shares of VanEck Long/Flat Trend ETF $LFEQ

Financial Enhancement Group LLC decreased its holdings in VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) by 19.6% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 91,785 shares of the company’s stock after selling 22,331 shares during the quarter. Financial Enhancement Group LLC owned 0.20% of VanEck Long/Flat Trend ETF worth $5,461,000 at the end of the most recent quarter.

VanEck Long/Flat Trend ETF Stock Up 1.8%

Shares of NYSEARCA LFEQ opened at $61.36 on Wednesday. The firm’s 50-day moving average price is $59.32 and its 200-day moving average price is $56.50. The company has a market cap of $28.84 million, a PE ratio of 25.47 and a beta of 0.75. VanEck Long/Flat Trend ETF has a 52-week low of $50.03 and a 52-week high of $61.47.

VanEck Long/Flat Trend ETF Profile

The VanEck Long\u002FFlatTrend ETF (LFEQ) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that uses technical signals to determine an allocation between the S&P 500 and US Treasury bills. The fund may use ETFs for equity exposure. LFEQ was launched on Oct 4, 2017 and is managed by VanEck.