(GLDX) USCF Gold Strategy Plus - Ratings and Ratios

USCF Gold Strategy Plus Income Fund (NYSE ARCA: GLDX) is a non-diversified exchange-traded fund (ETF) designed to provide investors with exposure to the performance of the physical gold and gold futures markets. The fund seeks to achieve its investment objective by maintaining substantial economic exposure to these markets. GLDX is listed on the NYSE ARCA and falls under the Commodities Focused ETF category. It is designed for investors seeking exposure to gold markets without directly holding physical gold or futures contracts.

The funds adviser employs a strategy that involves investing in COMEX Gold Warrants and gold futures contracts through a wholly-owned subsidiary. This approach allows the fund to gain exposure to gold prices while managing risks associated with direct futures trading. The funds structure ensures that it maintains alignment with the price movements of gold, making it a targeted investment tool for those looking to incorporate gold into their portfolios.

As of the latest data, GLDX has an average trading volume of 3,060 shares over the past 20 days, with a last price of $32.30. The funds moving averages are SMA20 at $32.09, SMA50 at $30.87, and SMA200 at $28.64. The Average True Range (ATR) is 0.35, indicating relatively low volatility in recent trading. The funds assets under management (AUM) stand at $9.62 million, reflecting its niche position in the commodities-focused ETF space.