Overlay Shares Large Cap Equity ETF (BATS:OVL) Trading Down 0.9% – What’s Next?

Overlay Shares Large Cap Equity ETF (BATS:OVLGet Free Report)’s stock price were down 0.9% during mid-day trading on Wednesday . The company traded as low as $57.21 and last traded at $57.35. Approximately 191,015 shares traded hands during mid-day trading, an increase of 109% from the average session volume of 91,591 shares. The stock had previously closed at $57.87.

Overlay Shares Large Cap Equity ETF Stock Performance

The stock’s 50-day simple moving average is $57.01 and its two-hundred day simple moving average is $55.67. The stock has a market cap of $356.14 million, a price-to-earnings ratio of 24.33 and a beta of 1.14.

Institutional Trading of Overlay Shares Large Cap Equity ETF

A hedge fund recently bought a new stake in Overlay Shares Large Cap Equity ETF stock. Tsfg LLC purchased a new position in shares of Overlay Shares Large Cap Equity ETF (BATS:OVLFree Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 526 shares of the company’s stock, valued at approximately $30,000.

About Overlay Shares Large Cap Equity ETF

(Get Free Report)

The Overlay Shares Large Cap Equity ETF (OVL) is an exchange-traded fund that is based on the S&P 500 index. The fund is actively managed to provide exposure to large cap U.S. equities combined with a put spread option overlay strategy. OVL was launched on Sep 30, 2019 and is managed by Overlay Shares.

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