Financial Enhancement Group LLC Cuts Stock Holdings in VanEck Long/Flat Trend ETF $LFEQ

Financial Enhancement Group LLC lowered its position in shares of VanEck Long/Flat Trend ETF (NYSEARCA:LFEQFree Report) by 19.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 91,785 shares of the company’s stock after selling 22,331 shares during the period. Financial Enhancement Group LLC owned approximately 19.53% of VanEck Long/Flat Trend ETF worth $5,461,000 as of its most recent filing with the Securities & Exchange Commission.

VanEck Long/Flat Trend ETF Trading Up 1.8%

LFEQ stock opened at $61.36 on Wednesday. The stock has a market capitalization of $28.84 million, a PE ratio of 25.47 and a beta of 0.75. VanEck Long/Flat Trend ETF has a 12-month low of $50.03 and a 12-month high of $61.47. The stock’s 50 day simple moving average is $59.32 and its 200 day simple moving average is $56.50.

VanEck Long/Flat Trend ETF Company Profile

(Free Report)

The VanEck Long\u002FFlatTrend ETF (LFEQ) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that uses technical signals to determine an allocation between the S&P 500 and US Treasury bills. The fund may use ETFs for equity exposure. LFEQ was launched on Oct 4, 2017 and is managed by VanEck.

Further Reading

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Institutional Ownership by Quarter for VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ)

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