Unlimited HFND Multi-Strategy Return Tracker ETF (NYSEARCA:HFND) Trading Up 0.3% – Time to Buy?

Unlimited HFND Multi-Strategy Return Tracker ETF (NYSEARCA:HFNDGet Free Report)’s share price traded up 0.3% during mid-day trading on Friday . The stock traded as high as $24.78 and last traded at $24.75. 1,237 shares were traded during trading, a decline of 90% from the average session volume of 11,936 shares. The stock had previously closed at $24.68.

Unlimited HFND Multi-Strategy Return Tracker ETF Stock Performance

The company’s 50 day moving average price is $24.41 and its 200 day moving average price is $24.01. The company has a market cap of $36.63 million, a price-to-earnings ratio of 17.86 and a beta of 0.48.

Hedge Funds Weigh In On Unlimited HFND Multi-Strategy Return Tracker ETF

An institutional investor recently bought a new stake in Unlimited HFND Multi-Strategy Return Tracker ETF stock. Osbon Capital Management LLC acquired a new position in shares of Unlimited HFND Multi-Strategy Return Tracker ETF (NYSEARCA:HFNDFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,168 shares of the company’s stock, valued at approximately $26,000. Osbon Capital Management LLC owned about 0.09% of Unlimited HFND Multi-Strategy Return Tracker ETF at the end of the most recent quarter.

Unlimited HFND Multi-Strategy Return Tracker ETF Company Profile

(Get Free Report)

The Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund that seeks to outperform the hedge fund industry by taking long and short positions in broad-based ETFs and futures contracts. The fund attempts to build a portfolio with similar return characteristics to the hedge fund industry gross of fees returns. HFND was launched on Oct 10, 2022 and is managed by Tidal ETFs.

Further Reading

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