Nationwide Russell 2000 Risk-Managed Income ETF (NYSEARCA:NTKI) Shares Down 0.1% – Here’s Why

Nationwide Russell 2000 Risk-Managed Income ETF (NYSEARCA:NTKIGet Free Report) shares dropped 0.1% on Friday . The company traded as low as $19.01 and last traded at $19.01. Approximately 1,000 shares traded hands during trading, an increase of 72% from the average daily volume of 581 shares. The stock had previously closed at $19.03.

Nationwide Russell 2000 Risk-Managed Income ETF Trading Down 0.1%

The stock’s 50 day moving average price is $19.01 and its two-hundred day moving average price is $19.01. The firm has a market capitalization of $12.36 million, a PE ratio of 10.71 and a beta of 0.43.

About Nationwide Russell 2000 Risk-Managed Income ETF

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The Nationwide Russell 2000 Risk-Managed Income ETF (NTKI) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively-managed portfolio of stocks included in the Russell 2000 combined with an options collar. The fund seeks to generate current income with some downside protection. NTKI was launched on Dec 16, 2021 and is managed by Nationwide.

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