The SmartETFs Advertising & Marketing Technology ETF (NYSEARCA:MRAD) experienced a 0.9% increase in its share price during Wednesday’s trading. The stock reached a high of $15.16 and closed at $15.03, with only 3 shares traded during mid-day trading, which is a significant decline from the average daily volume of 280 shares.
Despite this decline, SmartETFs Advertising & Marketing Technology ETF is showing promising growth with a market cap of $1.52 million, a P/E ratio of 26.68, and a beta of 1.43. The fund’s 50-day moving average price is $14.85, and its two-hundred day moving average price is $15.10.
SmartETFs Advertising & Marketing Technology ETF, also known as the Guinness Atkinson SmartETFs Marketing Technology ETF (MRAD), is an actively managed exchange-traded fund that primarily invests in communication services equity to provide exposure to companies globally that support or enable advancements in advertising and marketing technology. The securities in the fund are typically equally weighted.
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Overall, SmartETFs Advertising & Marketing Technology ETF has shown promising growth potential for investors looking for exposure to companies globally that support or enable advancements in advertising and marketing technology.
