Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Shares Up 0.5% – Still a Buy?

Swan Hedged Equity US Large Cap ETF (BATS:HEGD)’s stock price traded up 0.5% on Tuesday . The stock traded as high as $22.26 and last traded at $22.24. 15,175 shares were traded during trading, The stock had previously closed at $22.12.

Swan Hedged Equity US Large Cap ETF Stock Performance

The stock has a market capitalization of $274.22 million, a P/E ratio of 23.94 and a beta of 0.62. The stock’s fifty day simple moving average is $22.13 and its two-hundred day simple moving average is $21.45.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Swan Hedged Equity US Large Cap ETF stock. Cambridge Investment Research Advisors Inc. increased its position in Swan Hedged Equity US Large Cap ETF (BATS:HEGD) by 12.2% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 92,232 shares of the company’s stock after acquiring an additional 10,020 shares during the quarter. Cambridge Investment Research Advisors Inc. owned about 0.76% of Swan Hedged Equity US Large Cap ETF worth $1,962,000 as of its most recent SEC filing.

About Swan Hedged Equity US Large Cap ETF

The Swan Hedged Equity US Large Cap ETF (HEGD) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides hedged exposure to US large-cap companies using ETFs and options. HEGD was launched on Dec 22, 2020 and is managed by Swan.