Grayscale Future of Finance ETF (NYSEARCA:GFOF) Stock Price Down 0.9% – Here’s Why

Grayscale Future of Finance ETF (NYSEARCA:GFOF)’s stock price dropped 0.9% during trading on Thursday . The stock traded as low as $17.41 and last traded at $17.72. Approximately 6,318 shares were traded during trading, an increase of 79% from the average daily volume of 3,525 shares. The stock had previously closed at $17.89.

Grayscale Future of Finance ETF Price Performance

The firm’s 50 day moving average is $17.37 and its 200 day moving average is $17.79. The company has a market cap of $7.43 million, a PE ratio of 4.39 and a beta of 2.16.

Grayscale Future of Finance ETF Company Profile

The Grayscale Future of Finance ETF (GFOF) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is passively managed to track a market cap-weighted index of global stocks identified as shaping the Future of Finance. GFOF was launched on Feb 1, 2022 and is managed by Grayscale.