Financial Enhancement Group LLC Grows Position in VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ)

Financial Enhancement Group LLC raised its position in VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ) by 122.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 58,950 shares of the company’s stock after buying an additional 32,477 shares during the quarter. Financial Enhancement Group LLC owned approximately 0.10% of VanEck Long/Flat Trend ETF worth $2,896,000 as of its most recent filing with the Securities and Exchange Commission.

VanEck Long/Flat Trend ETF Price Performance

LFEQ stock opened at $50.08 on Thursday. The company has a market cap of $30.05 million, a price-to-earnings ratio of 25.12 and a beta of 0.96. The company has a fifty day moving average price of $50.49 and a 200 day moving average price of $48.52. VanEck Long/Flat Trend ETF has a 12 month low of $39.71 and a 12 month high of $51.58.

About VanEck Long/Flat Trend ETF

The VanEck Long\u002FFlatTrend ETF (LFEQ) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that uses technical signals to determine an allocation between the S&P 500 and US Treasury bills. The fund may use ETFs for equity exposure. LFEQ was launched on Oct 4, 2017 and is managed by VanEck.