Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Stock Jumps 0.4% – Time to Buy?

Swan Hedged Equity US Large Cap ETF (BATS:HEGD)’s share price was up 0.4% on Friday. The stock traded as high as $27.14 and last traded at $27.00. 43,591 shares were traded during trading, a decline of 57% from the average daily volume of 100,564 shares. The stock had previously closed at $26.90.

Swan Hedged Equity US Large Cap ETF Price Performance

The stock has a 50-day moving average price of $26.98 and a 200-day moving average price of $26.42. The firm has a market capitalization of $490.32 million, a PE ratio of 25.32 and a beta of 0.55.

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

An institutional investor recently raised its stake in Swan Hedged Equity US Large Cap ETF stock. Marshall & Sterling Wealth Advisors Inc. boosted its stake in Swan Hedged Equity US Large Cap ETF (BATS:HEGD) by 1.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 151,741 shares of the company’s stock after acquiring an additional 2,872 shares during the period. Swan Hedged Equity US Large Cap ETF accounts for 2.5% of Marshall & Sterling Wealth Advisors Inc.’s portfolio, making the stock its 11th largest position. Marshall & Sterling Wealth Advisors Inc. owned approximately 0.84% of Swan Hedged Equity US Large Cap ETF worth $3,748,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Swan Hedged Equity US Large Cap ETF Company Profile

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.