Shares of Essential 40 Stock ETF (NASDAQ:ESN – Get Free Report) dropped 0.1% during trading on Monday. The stock traded as low as $20.53 and last traded at $20.5390. 69,323 shares were traded during trading, an increase of 9% from the average daily volume of 63,325 shares. The stock had previously closed at $20.56.
Essential 40 Stock ETF Trading Down 0.2%
The firm has a market capitalization of $352.22 million, a PE ratio of 19.18 and a beta of 0.72. The business’s 50 day simple moving average is $20.57 and its 200 day simple moving average is $19.69.
Institutional Trading of Essential 40 Stock ETF
A hedge fund recently raised its stake in Essential 40 Stock ETF stock. Janney Montgomery Scott LLC increased its stake in Essential 40 Stock ETF (NASDAQ:ESN – Free Report) by 2.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,706 shares of the company’s stock after acquiring an additional 1,063 shares during the period. Janney Montgomery Scott LLC owned approximately 0.30% of Essential 40 Stock ETF worth $678,000 as of its most recent SEC filing.
About Essential 40 Stock ETF
The Essential 40 Stock ETF (ESN) is an exchange-traded fund that is based on the Essential 40 Stock index. The fund attempts to track an index of 40 US blue-chip stocks that are deemed essential to the US economy by the index provider. Holdings are equally weighted in the index ESN was launched on Jun 11, 2014 and is issued by KKM Financial.
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