Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Trading Down 0.4% – Time to Sell?

Swan Hedged Equity US Large Cap ETF (BATS:HEGD)’s share price was down 0.4% during mid-day trading on Thursday . The stock traded as low as $22.58 and last traded at $22.48. Approximately 44,631 shares were traded during mid-day trading, The stock had previously closed at $22.57.

Swan Hedged Equity US Large Cap ETF Stock Performance

The firm has a 50 day moving average of $22.75 and a 200-day moving average of $22.45. The stock has a market capitalization of $271.14 million, a PE ratio of 23.94 and a beta of 0.62.

Institutional Investors Weigh In On Swan Hedged Equity US Large Cap ETF

Several hedge funds have recently bought and sold shares of the business. Vantage Financial Partners LLC acquired a new position in Swan Hedged Equity US Large Cap ETF in the 4th quarter worth about $8,587,000. Avior Wealth Management LLC increased its position in Swan Hedged Equity US Large Cap ETF by 49.0% in the 3rd quarter. Avior Wealth Management LLC now owns 407,744 shares of the company’s stock worth $9,076,000 after purchasing an additional 134,022 shares during the last quarter. Runnymede Capital Advisors Inc. acquired a new position in Swan Hedged Equity US Large Cap ETF in the 4th quarter worth about $59,000. Caitlin John LLC increased its position in Swan Hedged Equity US Large Cap ETF by 73.3% in the 4th quarter. Caitlin John LLC now owns 5,252 shares of the company’s stock worth $118,000 after purchasing an additional 2,222 shares during the last quarter. Finally, Colonial Trust Co SC acquired a new position in Swan Hedged Equity US Large Cap ETF in the 4th quarter worth about $41,000.

Swan Hedged Equity US Large Cap ETF Company Profile

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.