HCM Defender 100 Index ETF (NYSEARCA:QQH) Sees Strong Trading Volume – Still a Buy?

Shares of HCM Defender 100 Index ETF (NYSEARCA:QQHGet Free Report) saw an uptick in trading volume on Thursday . Approximately 97,549 shares traded hands during mid-day trading, an increase of 62% from the previous session’s volume of 60,333 shares.The stock last traded at $87.27 and had previously closed at $87.88.

HCM Defender 100 Index ETF Stock Performance

The company has a market cap of $779.27 million, a price-to-earnings ratio of 34.63 and a beta of 1.14. The company has a fifty day moving average of $83.34 and a two-hundred day moving average of $80.80.

HCM Defender 100 Index ETF Company Profile

(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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