Alpha Brands Consumption Leaders ETF (NASDAQ:LOGO) Stock Price Down 2.4% – Here’s Why

Alpha Brands Consumption Leaders ETF (NASDAQ:LOGOGet Free Report) shares dropped 2.4% during trading on Tuesday . The stock traded as low as $20.08 and last traded at $20.23. Approximately 22,204 shares traded hands during mid-day trading, an increase of 133% from the average daily volume of 9,514 shares. The stock had previously closed at $20.72.

Alpha Brands Consumption Leaders ETF Trading Down 2.4%

The company has a fifty day moving average price of $21.03 and a two-hundred day moving average price of $21.20.

About Alpha Brands Consumption Leaders ETF

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The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Accuvest Iconic U.S. Brands Index (\”underlying index\”).\n The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to track the broad-based performance of U.S. listed and domiciled securities with Iconic Brands, which are identified and selected based on a proprietary methodology developed by Accuvest Global Advisors (the \”index provider\”).

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