Monarch Blue Chips Core Index ETF (BATS:MBCC) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Monarch Blue Chips Core Index ETF (BATS:MBCC)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $33.83 and traded as high as $36.34. Monarch Blue Chips Core Index ETF shares last traded at $36.18, with a volume of 37,131 shares changing hands.

Monarch Blue Chips Core Index ETF Price Performance

The company has a market cap of $99.71 million, a PE ratio of 41.96 and a beta of 0.98. The business has a 50-day moving average of $35.29 and a 200 day moving average of $33.87.

About Monarch Blue Chips Core Index ETF

The Monarch Blue Chips Core ETF (MBCC) is an exchange-traded fund that is based on the Kingsview Blue Chips Core index. The fund tracks an equal-weighted index of companies selected from the S&P 500 Index that are perceived to be fundamentally sound. MBCC was launched on Mar 23, 2021 and is managed by Monarch.