Optimize Strategy Index ETF (NASDAQ:OPTZ) Shares Up 0.1% – Here’s Why

Optimize Strategy Index ETF (NASDAQ:OPTZ) shares rose 0.1% on Friday . The stock traded as high as $47.59 and last traded at $47.46. Approximately 3,886 shares changed hands during trading, a decline of 50% from the average session volume of 7,808 shares. The stock had previously closed at $47.43.

Optimize Strategy Index ETF Stock Up 0.1%

The stock has a market capitalization of $272.42 million, a price-to-earnings ratio of -1,742.23 and a beta of 1.26. The business’s 50 day simple moving average is $46.01 and its 200-day simple moving average is $40.74.

Optimize Strategy Index ETF Company Profile

The Optimize Strategy Index ETF (OPTZ) is an exchange-traded fund that is based on the Optimize Strategy index. The fund aims to track an index of broad market US equities, choosing large- and small-cap firms perceived to have strong quality and momentum characteristics. Weighting is tiered, using a modified market-cap method OPTZ was launched on Apr 23, 2024 and is issued by Optimize.