Adaptive High Income ETF (NYSEARCA:AHHX) Stock Price Crosses Above Fifty Day Moving Average – Here’s Why

Shares of Adaptive High Income ETF (NYSEARCA:AHHXGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $8.33 and traded as high as $8.35. Adaptive High Income ETF shares last traded at $8.33, with a volume of 36,000 shares trading hands.

Adaptive High Income ETF Trading Down 0.1 %

The company has a 50 day moving average of $8.33 and a 200 day moving average of $8.33. The firm has a market cap of $25.91 million, a price-to-earnings ratio of 13.87 and a beta of 0.66.

About Adaptive High Income ETF

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The Adaptive High Income ETF (AHHX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed global portfolio of income-producing securities including fixed income, MLPs and REITS. The fund uses a market trend analysis to initiate periods of hedging.

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