Guru Favorite Stocks ETF (NASDAQ:GFGF) Shares Up 0.3% – Time to Buy?

Guru Favorite Stocks ETF (NASDAQ:GFGF) shot up 0.3% during mid-day trading on Tuesday . The stock traded as high as $34.84 and last traded at $34.85. 18 shares traded hands during trading, a decline of 98% from the average session volume of 918 shares. The stock had previously closed at $34.76.

Guru Favorite Stocks ETF Trading Up 0.3%

The firm has a market cap of $36.94 million, a P/E ratio of 31.06 and a beta of 1.06. The firm has a 50-day simple moving average of $33.70 and a 200-day simple moving average of $32.58.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Guru Favorite Stocks ETF stock. Royal Bank of Canada increased its holdings in shares of Guru Favorite Stocks ETF (NASDAQ:GFGF) by 96.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,750 shares of the company’s stock after buying an additional 6,269 shares during the quarter. Royal Bank of Canada owned 1.20% of Guru Favorite Stocks ETF worth $390,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About Guru Favorite Stocks ETF

The Guru Favorite Stocks ETF Guru Favorite Stocks Fund (GFGF) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US-listed companies that are favored by prominent long-term investors. GFGF was launched on Dec 16, 2021 and is managed by Alpha Architect.