Defiance Next Gen Connectivity ETF (NYSEARCA:FIVG) Stock Price Down 4% – Here’s Why

Shares of Defiance Next Gen Connectivity ETF (NYSEARCA:FIVGGet Free Report) dropped 4% during trading on Wednesday . The company traded as low as $84.51 and last traded at $84.7875. 20,227 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 50,930 shares. The stock had previously closed at $88.28.

Defiance Next Gen Connectivity ETF Stock Down 4.0%

The firm has a market capitalization of $1.20 billion, a price-to-earnings ratio of 31.63 and a beta of 1.05. The stock has a 50 day moving average of $87.27.

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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