Defiance Next Gen Connectivity ETF (NYSEARCA:FIVG) Trading Down 4% – Here’s Why

Defiance Next Gen Connectivity ETF (NYSEARCA:FIVGGet Free Report) shares dropped 4% during trading on Wednesday . The stock traded as low as $84.51 and last traded at $84.7875. Approximately 20,227 shares changed hands during trading, a decline of 60% from the average session volume of 50,930 shares. The stock had previously closed at $88.28.

Defiance Next Gen Connectivity ETF Trading Down 1.0%

The firm has a market cap of $1.16 billion, a PE ratio of 31.63 and a beta of 1.05. The company’s fifty day simple moving average is $87.11.

Defiance Next Gen Connectivity ETF Company Profile

(Get Free Report)

The Defiance 5G Next Gen Connectivity ETF (FIVG) is an exchange-traded fund that is based on the MVIS Bluestar 5G Communications index. The fund tracks a tier-weighted index of global equities related to 5G networks. FIVG was launched on Mar 4, 2019 and is managed by Defiance.

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