Kurv Technology Titans Select ETF (NASDAQ:KQQQ) Stock Price Down 2.6% – Should You Sell?

Kurv Technology Titans Select ETF (NASDAQ:KQQQ) dropped 2.6% on Friday. The company traded as low as $28.01 and last traded at $28.14. Approximately 36,378 shares changed hands during mid-day trading, a decline of 37% from the average daily volume of 57,656 shares. The stock had previously closed at $28.88.

Kurv Technology Titans Select ETF Trading Down 2.6%

The stock has a 50 day simple moving average of $29.05 and a 200 day simple moving average of $29.08. The firm has a market capitalization of $130.29 million, a PE ratio of 31.91 and a beta of 1.50.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Kurv Technology Titans Select ETF stock. NFSG Corp raised its stake in shares of Kurv Technology Titans Select ETF (NASDAQ:KQQQ) by 12.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 138,301 shares of the company’s stock after purchasing an additional 15,362 shares during the quarter. NFSG Corp owned approximately 2.99% of Kurv Technology Titans Select ETF worth $4,058,000 at the end of the most recent reporting period.

Kurv Technology Titans Select ETF Company Profile

The Kurv Technology Titans Select ETF (KQQQ) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to actively generate income and pursue capital appreciation from a concentrated portfolio of large-cap technology stocks or derivatives, globally. The shift in underlying assets is determined by the advisers outlook for growth and momentum KQQQ was launched on Jul 22, 2024 and is issued by Kurv.