Unlimited HFGM Global Macro ETF (NYSEARCA:HFGM) Stock Price Down 1.3% – Here’s What Happened

Unlimited HFGM Global Macro ETF (NYSEARCA:HFGM)’s share price dropped 1.3% on Monday . The company traded as low as $29.46 and last traded at $30.05. 37,267 shares traded hands during mid-day trading, a decline of 27% from the average session volume of 50,946 shares. The stock had previously closed at $30.45.

Unlimited HFGM Global Macro ETF Trading Up 0.4%

The firm’s 50-day moving average price is $31.25 and its 200-day moving average price is $32.48.

Institutional Investors Weigh In On Unlimited HFGM Global Macro ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Invenio Wealth Partners LLC bought a new stake in shares of Unlimited HFGM Global Macro ETF in the 3rd quarter valued at approximately $3,060,000. Magnolia Private Wealth LLC purchased a new position in shares of Unlimited HFGM Global Macro ETF in the 4th quarter worth approximately $437,000. Finally, Harbor Investment Advisory LLC bought a new position in shares of Unlimited HFGM Global Macro ETF during the 2nd quarter valued at approximately $71,000.

About Unlimited HFGM Global Macro ETF

The Tidal ETF Trust – Unlimited Hfgm Global Macro Return Tracker ETF (HFGM) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.