Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Shares Up 0.5% – Here’s Why

Swan Hedged Equity US Large Cap ETF (BATS:HEGD)’s share price was up 0.5% on Friday . The company traded as high as $27.36 and last traded at $27.31. 65,547 shares traded hands during trading, a decline of 40% from the average session volume of 108,700 shares. The stock had previously closed at $27.17.

Swan Hedged Equity US Large Cap ETF Stock Performance

The firm has a fifty day moving average of $26.68 and a 200-day moving average of $25.96. The stock has a market capitalization of $495.95 million, a price-to-earnings ratio of 25.32 and a beta of 0.55.

Institutional Investors Weigh In On Swan Hedged Equity US Large Cap ETF

A number of large investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC raised its holdings in shares of Swan Hedged Equity US Large Cap ETF by 28.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 18,446 shares of the company’s stock valued at $456,000 after buying an additional 4,119 shares during the period. Marshall & Sterling Wealth Advisors Inc. grew its position in Swan Hedged Equity US Large Cap ETF by 1.9% in the first quarter. Marshall & Sterling Wealth Advisors Inc. now owns 151,741 shares of the company’s stock valued at $3,748,000 after acquiring an additional 2,872 shares in the last quarter. Mosaic Family Wealth Partners LLC acquired a new stake in Swan Hedged Equity US Large Cap ETF in the fourth quarter valued at approximately $230,000. Vantage Financial Partners LLC grew its position in Swan Hedged Equity US Large Cap ETF by 3.5% in the fourth quarter. Vantage Financial Partners LLC now owns 477,957 shares of the company’s stock valued at $12,049,000 after acquiring an additional 16,086 shares in the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of Swan Hedged Equity US Large Cap ETF by 14.3% during the third quarter. NewEdge Advisors LLC now owns 1,341,774 shares of the company’s stock valued at $33,437,000 after purchasing an additional 167,410 shares during the period.

About Swan Hedged Equity US Large Cap ETF

The Swan Hedged Equity US Large Cap ETF (HEGD) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides hedged exposure to US large-cap companies using ETFs and options. HEGD was launched on Dec 22, 2020 and is managed by Swan.