Donoghue Forlines Innovation ETF (BATS:DFNV) Shares Pass Above 200 Day Moving Average – Time to Sell?

Donoghue Forlines Innovation ETF (BATS:DFNV) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $32.38 and traded as high as $37.57. Donoghue Forlines Innovation ETF shares last traded at $37.18, with a volume of 2,030 shares traded.

Donoghue Forlines Innovation ETF Price Performance

The stock has a 50-day moving average of $34.55 and a 200 day moving average of $32.38. The company has a market cap of $55.01 million, a P/E ratio of 36.84 and a beta of 1.22.

About Donoghue Forlines Innovation ETF

The Donoghue Forlines Risk Managed Innovation ETF (DFNV) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund tracks an index that seeks to provide risk-managed exposure to US all-cap companies with strong free cash flow and R&D investments. DFNV was launched on Dec 8, 2020 and is managed by Donoghue Forlines.