Kurv Technology Titans Select ETF (NASDAQ:KQQQ) Shares Down 2.6% – Time to Sell?

Shares of Kurv Technology Titans Select ETF (NASDAQ:KQQQ) traded down 2.6% on Friday. The company traded as low as $28.01 and last traded at $28.14. 36,378 shares were traded during mid-day trading, a decline of 37% from the average daily volume of 57,656 shares. The stock had previously closed at $28.88.

Kurv Technology Titans Select ETF Trading Down 2.6%

The company has a 50 day moving average price of $29.05 and a 200-day moving average price of $29.08. The company has a market cap of $130.29 million, a P/E ratio of 31.91 and a beta of 1.50.

Hedge Funds Weigh In On Kurv Technology Titans Select ETF

An institutional investor recently raised its stake in Kurv Technology Titans Select ETF stock. Triumph Capital Management boosted its holdings in Kurv Technology Titans Select ETF (NASDAQ:KQQQ) by 13.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,968 shares of the company’s stock after buying an additional 3,335 shares during the quarter. Triumph Capital Management owned approximately 0.64% of Kurv Technology Titans Select ETF worth $849,000 at the end of the most recent reporting period.

About Kurv Technology Titans Select ETF

The Kurv Technology Titans Select ETF (KQQQ) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to actively generate income and pursue capital appreciation from a concentrated portfolio of large-cap technology stocks or derivatives, globally. The shift in underlying assets is determined by the advisers outlook for growth and momentum KQQQ was launched on Jul 22, 2024 and is issued by Kurv.