STF Tactical Growth & Income ETF (NASDAQ:TUGN) Shares Climb 0.6% – Here’s Why

STF Tactical Growth & Income ETF (NASDAQ:TUGN – Get Free Report) shot up 0.6% during trading on Wednesday. The company traded as high as $25.87 and last traded at $25.8050. 24,403 shares changed hands during mid-day trading, a decline of 10% from the average session volume of 26,977 shares. The stock had previously closed at $25.66.

STF Tactical Growth & Income ETF Price Performance

The business has a 50 day simple moving average of $27.35 and a 200 day simple moving average of $26.45. The company has a market capitalization of $76.64 million, a price-to-earnings ratio of 32.38 and a beta of 0.82.

About STF Tactical Growth & Income ETF

(Get Free Report)

The STF Tactical Growth & Income ETF (TUGN) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that allocates among equities, fixed income, and money markets, depending on signals derived from a proprietary algo that tracks the price action across asset classes. The fund employs an option spread strategy to potentially increase the funds returns TUGN was launched on May 19, 2022 and is managed by STF.

Further Reading

Receive News & Ratings for STF Tactical Growth & Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for STF Tactical Growth & Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.