The price of an ETF is determined once a day when the market closes.

Name: The price of an ETF is determined once a day when the market closes.
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Question

Quizplus · Accepted Answer

The price of an ETF can fluctuate throughout the day and is determined by the supply and demand of the market. However, the net asset value (NAV) of an ETF is calculated at the end of each trading day when the market closes. This is used as a reference point for the price of the ETF, but the actual trading price can deviate from the NAV.

The Price of an ETF Is Determined Once a Day