Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL) Hits New 12-Month High – Here’s Why

Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL)’s stock price reached a new 52-week high on Thursday . The company traded as high as $22.79 and last traded at $22.76, with a volume of 58558 shares changing hands. The stock had previously closed at $22.72.

Strategy Shares Nasdaq 7HANDL Index ETF Price Performance

The stock has a 50-day moving average price of $22.26 and a 200-day moving average price of $22.17. The firm has a market capitalization of $655.72 million, a PE ratio of 24.18 and a beta of 0.73.

Strategy Shares Nasdaq 7HANDL Index ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 13th. Shareholders of record on Thursday, February 12th were issued a dividend of $0.1317 per share. The ex-dividend date was Thursday, February 12th. This represents a c) annualized dividend and a yield of 6.9%. This is a boost from Strategy Shares Nasdaq 7HANDL Index ETF’s previous monthly dividend of $0.13.

Hedge Funds Weigh In On Strategy Shares Nasdaq 7HANDL Index ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Arkadios Wealth Advisors increased its stake in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 50.6% in the second quarter. Arkadios Wealth Advisors now owns 14,395 shares of the company’s stock worth $312,000 after buying an additional 4,834 shares during the last quarter. Creative Planning grew its holdings in Strategy Shares Nasdaq 7HANDL Index ETF by 11.9% during the 2nd quarter. Creative Planning now owns 64,833 shares of the company’s stock worth $1,404,000 after acquiring an additional 6,920 shares in the last quarter. Western Wealth Management LLC bought a new stake in shares of Strategy Shares Nasdaq 7HANDL Index ETF in the 2nd quarter worth about $202,000. JPMorgan Chase & Co. raised its stake in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 7.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 48,439 shares of the company’s stock valued at $1,049,000 after purchasing an additional 3,434 shares in the last quarter. Finally, J.W. Cole Advisors Inc. lifted its position in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 51.5% during the second quarter. J.W. Cole Advisors Inc. now owns 47,601 shares of the company’s stock worth $1,031,000 after purchasing an additional 16,174 shares during the last quarter.

Strategy Shares Nasdaq 7HANDL Index ETF Company Profile

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.