Defiance Next Gen Connectivity ETF (NYSEARCA:FIVG) Stock Price Down 1.7% – What’s Next?

Defiance Next Gen Connectivity ETF (NYSEARCA:FIVGGet Free Report) traded down 1.7% during mid-day trading on Wednesday . The company traded as low as $76.45 and last traded at $78.6015. 29,843 shares changed hands during trading, a decline of 41% from the average daily volume of 50,930 shares. The stock had previously closed at $80.00.

Defiance Next Gen Connectivity ETF Stock Up 4.7%

The company has a market cap of $1.12 billion, a price-to-earnings ratio of 31.63 and a beta of 1.05. The company has a fifty day simple moving average of $91.58.

About Defiance Next Gen Connectivity ETF

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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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