Resolute Wealth Strategies LLC Has $220,000 Position in Defiance Next Gen Connectivity ETF (NYSEARCA:FIVG)

Resolute Wealth Strategies LLC lowered its stake in shares of Defiance Next Gen Connectivity ETF (NYSEARCA:FIVG) by 7.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,136 shares of the company’s stock after selling 478 shares during the quarter. Resolute Wealth Strategies LLC’s holdings in Defiance Next Gen Connectivity ETF were worth $220,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. NBC Securities Inc. bought a new stake in Defiance Next Gen Connectivity ETF during the third quarter worth $59,000. First Command Advisory Services Inc. bought a new position in Defiance Next Gen Connectivity ETF during the 3rd quarter worth $80,000. Anchor Investment Management LLC acquired a new stake in Defiance Next Gen Connectivity ETF during the 4th quarter worth about $27,000. Finally, Planned Solutions Inc. acquired a new stake in Defiance Next Gen Connectivity ETF during the 4th quarter worth about $31,000.

Defiance Next Gen Connectivity ETF Stock Up 1.6 %

Defiance Next Gen Connectivity ETF stock traded up $0.60 during trading hours on Friday, reaching $37.11. 22,736 shares of the company’s stock were exchanged, compared to its average volume of 52,541. The firm’s 50 day simple moving average is $38.18 and its 200 day simple moving average is $35.69. The firm has a market capitalization of $545.58 million, a PE ratio of 21.22 and a beta of 1.33. Defiance Next Gen Connectivity ETF has a twelve month low of $28.75 and a twelve month high of $40.69.

About Defiance Next Gen Connectivity ETF

The Defiance 5G Next Gen Connectivity ETF (FIVG) is an exchange-traded fund that is based on the MVIS Bluestar 5G Communications index. The fund tracks a tier-weighted index of global equities related to 5G networks. FIVG was launched on Mar 4, 2019 and is managed by Defiance.