SmartETFs Advertising & Marketing Technology ETF (NYSEARCA:MRAD) experienced a 0.9% increase in its share price during trading on Wednesday. The stock hit a high of $15.16 and closed at $15.03, while only 3 shares were traded during mid-day trading, which is a significant decline of 99% from the average daily volume of 280 shares.
Despite this decline, the stock shows promising growth with a market cap of $1.52 million, a P/E ratio of 26.68, and a beta of 1.43. Its moving averages are also showing positive trends, with a 50-day moving average price of $14.85 and a two-hundred day moving average price of $15.10.
SmartETFs Advertising & Marketing Technology ETF is an actively managed exchange-traded fund that invests in communication services equity globally to provide exposure to companies that support or enable advancements in advertising and marketing technology. Securities in the fund are typically equally weighted, making it an attractive option for investors looking for diversification in their portfolios.
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