HCM Defender 100 Index ETF (NYSEARCA:QQH) Shares Up 1.4% – Still a Buy?

HCM Defender 100 Index ETF (NYSEARCA:QQH)’s stock price shot up 1.4% during trading on Wednesday . The company traded as high as $75.43 and last traded at $75.43. 67,047 shares traded hands during trading, an increase of 48% from the average session volume of 45,257 shares. The stock had previously closed at $74.36.

HCM Defender 100 Index ETF Price Performance

The stock’s 50-day moving average is $73.05 and its 200 day moving average is $76.15. The company has a market cap of $682.64 million, a PE ratio of 34.63 and a beta of 1.13.

HCM Defender 100 Index ETF Company Profile

The HCM Defender 100 Index ETF (QQH) is an exchange-traded fund that is based on the HCM Defender 100 index. The fund tracks a proprietary index that toggles between technology stocks and Treasurys, or a combination of both, depending on risk in the U.S. equity market. QQH was launched on Oct 10, 2019 and is managed by HCM.