Formidable Fortress ETF (NYSEARCA:KONG) Shares Up 0.6% – Should You Buy?

Formidable Fortress ETF (NYSEARCA:KONGGet Free Report)’s share price was up 0.6% during trading on Monday . The stock traded as high as $31.02 and last traded at $29.75. Approximately 1,567 shares traded hands during trading, a decline of 39% from the average daily volume of 2,582 shares. The stock had previously closed at $29.57.

Formidable Fortress ETF Stock Down 0.2 %

The stock has a market cap of $28.96 million, a P/E ratio of 25.60 and a beta of 0.56. The business has a 50-day simple moving average of $28.54 and a 200-day simple moving average of $27.53.

About Formidable Fortress ETF

(Get Free Report)

The Formidable Fortress ETF (KONG) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to provide long-term capital appreciation by actively selecting a narrow basket of large- and mid-cap stocks from around the world. KONG was launched on Jul 22, 2021 and is managed by Formidable.

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