HCM Defender 100 Index ETF (NYSEARCA:QQH) Trading Up 0.6% – Here’s What Happened

Shares of HCM Defender 100 Index ETF (NYSEARCA:QQH) traded up 0.6% during trading on Monday . The stock traded as high as $78.98 and last traded at $78.66. 40,048 shares were traded during trading, a decline of 19% from the average session volume of 49,628 shares. The stock had previously closed at $78.16.

HCM Defender 100 Index ETF Trading Up 0.6%

The firm has a market capitalization of $707.94 million, a P/E ratio of 34.63 and a beta of 1.14. The business’s 50 day simple moving average is $77.76 and its two-hundred day simple moving average is $75.37.

HCM Defender 100 Index ETF Dividend Announcement

The company also recently declared an annual dividend, which was paid on Monday, December 22nd. Investors of record on Tuesday, December 16th were given a dividend of $0.1637 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 21.0%.

About HCM Defender 100 Index ETF

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.