Defiance Next Gen Connectivity ETF (NYSEARCA:FIVG) Stock Price Down 3.5% – Here’s Why

Defiance Next Gen Connectivity ETF (NYSEARCA:FIVGGet Free Report) was down 3.5% during mid-day trading on Wednesday . The company traded as low as $86.11 and last traded at $86.65. 55,532 shares were traded during trading, an increase of 9% from the average session volume of 50,930 shares. The stock had previously closed at $89.78.

Defiance Next Gen Connectivity ETF Price Performance

The firm has a market capitalization of $1.27 billion, a P/E ratio of 31.63 and a beta of 1.05. The company has a 50-day moving average price of $93.71.

About Defiance Next Gen Connectivity ETF

(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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