Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL) Sees Large Volume Increase – Here’s What Happened

Shares of Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDLGet Free Report) saw strong trading volume on Monday . 40,024 shares traded hands during mid-day trading, a decline of 43% from the previous session’s volume of 70,514 shares.The stock last traded at $22.89 and had previously closed at $22.74.

Strategy Shares Nasdaq 7HANDL Index ETF Stock Down 1.2%

The company has a market cap of $639.12 million, a P/E ratio of 24.18 and a beta of 0.73. The firm’s 50-day moving average price is $22.65 and its 200-day moving average price is $22.37.

Strategy Shares Nasdaq 7HANDL Index ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, June 12th. Investors of record on Thursday, June 11th were paid a dividend of $0.1323 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date was Thursday, June 11th.

Institutional Trading of Strategy Shares Nasdaq 7HANDL Index ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Garton & Associates Financial Advisors LLC bought a new stake in Strategy Shares Nasdaq 7HANDL Index ETF during the 4th quarter worth approximately $25,000. Geneos Wealth Management Inc. increased its holdings in Strategy Shares Nasdaq 7HANDL Index ETF by 1,200.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,300 shares of the company’s stock worth $28,000 after acquiring an additional 1,200 shares during the period. Bank of America Corp DE bought a new stake in Strategy Shares Nasdaq 7HANDL Index ETF during the 2nd quarter worth approximately $32,000. PNC Financial Services Group Inc. bought a new stake in Strategy Shares Nasdaq 7HANDL Index ETF during the 4th quarter worth approximately $35,000. Finally, Raymond James Financial Inc. bought a new stake in Strategy Shares Nasdaq 7HANDL Index ETF during the 2nd quarter worth approximately $172,000.

About Strategy Shares Nasdaq 7HANDL Index ETF

(Get Free Report)

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.

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