Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) Trading 0.1% Higher – Time to Buy?

Brookmont Catastrophic Bond ETF (NYSEARCA:ILS)’s stock price shot up 0.1% during mid-day trading on Thursday . The company traded as high as $20.19 and last traded at $20.16. 110,298 shares changed hands during mid-day trading, an increase of 183% from the average session volume of 39,041 shares. The stock had previously closed at $20.14.

Brookmont Catastrophic Bond ETF Price Performance

The company has a 50-day moving average price of $20.09 and a 200 day moving average price of $20.17.

Hedge Funds Weigh In On Brookmont Catastrophic Bond ETF

An institutional investor recently bought a new position in Brookmont Catastrophic Bond ETF stock. Farther Finance Advisors LLC purchased a new stake in shares of Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,115 shares of the company’s stock, valued at approximately $222,000. Farther Finance Advisors LLC owned about 0.62% of Brookmont Catastrophic Bond ETF as of its most recent filing with the Securities & Exchange Commission.

About Brookmont Catastrophic Bond ETF

ETF Opportunities Trust – Brookmont Catastrophic Bond ETF is an exchange traded fund by ETF Opportunities Trust. The fund is co-managed by Brookmont Capital Management, LLC and King Ridge Capital Advisors LLC. It invests in fixed income markets of global region. The fund invests in high yield catastrophe bonds, insurance-linked securities and non-U.S. reinsurance-related securities which includes non-U.S. sovereigns and non-U.S. entities, including insurance companies, reinsurers, corporations, partnerships, trusts, and other types of business entities.