Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) Sees Large Volume Increase – What’s Next?

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) saw strong trading volume on Monday . 60,813 shares changed hands during mid-day trading, a decline of 24% from the previous session’s volume of 79,809 shares.The stock last traded at $21.59 and had previously closed at $21.69.

Strategy Shares NASDAQ 7 HANDL ETF Stock Down 0.2 %

The firm has a market cap of $745.64 million, a P/E ratio of 19.76 and a beta of 0.57. The business has a fifty day simple moving average of $21.72 and a 200-day simple moving average of $21.77.

Strategy Shares NASDAQ 7 HANDL ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, January 14th were given a $0.1232 dividend. The ex-dividend date of this dividend was Tuesday, January 14th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC raised its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 2,125.0% in the 3rd quarter. International Assets Investment Management LLC now owns 164,450 shares of the company’s stock worth $3,659,000 after purchasing an additional 157,059 shares during the last quarter. Retireful LLC purchased a new position in Strategy Shares NASDAQ 7 HANDL ETF in the third quarter worth about $1,892,000. Private Advisor Group LLC increased its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 22.1% during the third quarter. Private Advisor Group LLC now owns 139,241 shares of the company’s stock valued at $3,098,000 after acquiring an additional 25,224 shares in the last quarter. Strategic Financial Concepts LLC purchased a new position in Strategy Shares NASDAQ 7 HANDL ETF in the 4th quarter worth approximately $378,000. Finally, New Century Financial Group LLC purchased a new stake in Strategy Shares NASDAQ 7 HANDL ETF during the 4th quarter valued at $313,000.

About Strategy Shares NASDAQ 7 HANDL ETF

The Strategy Shares Nasdaq 7 Handl Index ETF (HNDL) is an exchange-traded fund that is based on the NASDAQ 7 HANDL index. The fund is a fund of funds that targets a high distribution rate. The funds index reflects a balanced portfolio of US equities, fixed income, and alternative investments HNDL was launched on Jan 17, 2018 and is managed by Strategy Shares.