Monarch Blue Chips Core Index ETF (BATS:MBCC) Shares Down 1.6% – Time to Sell?

Monarch Blue Chips Core Index ETF (BATS:MBCCGet Free Report)’s share price fell 1.6% during mid-day trading on Thursday . The company traded as low as $36.68 and last traded at $36.68. 6,047 shares traded hands during trading, a decline of 66% from the average session volume of 17,925 shares. The stock had previously closed at $37.26.

Monarch Blue Chips Core Index ETF Stock Performance

The company has a market cap of $113.71 million, a price-to-earnings ratio of 32.66 and a beta of 1.02. The firm’s 50-day moving average price is $36.96 and its 200 day moving average price is $36.82.

Monarch Blue Chips Core Index ETF Company Profile

(Get Free Report)

The Monarch Blue Chips Core ETF (MBCC) is an exchange-traded fund that is based on the Kingsview Blue Chips Core index. The fund tracks an equal-weighted index of companies selected from the S&P 500 Index that are perceived to be fundamentally sound. MBCC was launched on Mar 23, 2021 and is managed by Monarch.

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