Unlimited HFND Multi-Strategy Return Tracker ETF (NYSEARCA:HFND) Shares Up 0.6% – What’s Next?

Unlimited HFND Multi-Strategy Return Tracker ETF (NYSEARCA:HFND)’s stock price traded up 0.6% during trading on Friday . The stock traded as high as $23.79 and last traded at $23.79. 5,142 shares were traded during trading, a decline of 68% from the average session volume of 16,198 shares. The stock had previously closed at $23.64.

Unlimited HFND Multi-Strategy Return Tracker ETF Price Performance

The company has a market capitalization of $32.12 million, a P/E ratio of 17.86 and a beta of 0.50. The company has a 50 day moving average of $23.34 and a 200-day moving average of $23.38.

Unlimited HFND Multi-Strategy Return Tracker ETF Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 24th were given a $1.1454 dividend. This represents a dividend yield of 506.0%. The ex-dividend date was Wednesday, December 24th.

Hedge Funds Weigh In On Unlimited HFND Multi-Strategy Return Tracker ETF

An institutional investor recently raised its position in Unlimited HFND Multi-Strategy Return Tracker ETF stock. Farther Finance Advisors LLC increased its holdings in Unlimited HFND Multi-Strategy Return Tracker ETF (NYSEARCA:HFND) by 8,060.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 70,912 shares of the company’s stock after acquiring an additional 70,043 shares during the quarter. Farther Finance Advisors LLC owned about 5.25% of Unlimited HFND Multi-Strategy Return Tracker ETF worth $1,674,000 as of its most recent filing with the Securities & Exchange Commission.

About Unlimited HFND Multi-Strategy Return Tracker ETF

The Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund that seeks to outperform the hedge fund industry by taking long and short positions in broad-based ETFs and futures contracts. The fund attempts to build a portfolio with similar return characteristics to the hedge fund industry gross of fees returns. HFND was launched on Oct 10, 2022 and is managed by Tidal ETFs.