Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Stock Price Down 0.5% – Here’s What Happened

Shares of Swan Hedged Equity US Large Cap ETF (BATS:HEGD) dropped 0.5% during mid-day trading on Friday. The company traded as low as $26.75 and last traded at $26.75. Approximately 40,726 shares were traded during mid-day trading, a decline of 58% from the average daily volume of 96,463 shares. The stock had previously closed at $26.88.

Swan Hedged Equity US Large Cap ETF Stock Down 0.5%

The company has a market cap of $485.78 million, a P/E ratio of 25.32 and a beta of 0.55. The company has a fifty day moving average of $27.01 and a 200 day moving average of $26.66.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Swan Hedged Equity US Large Cap ETF stock. EverSource Wealth Advisors LLC raised its position in shares of Swan Hedged Equity US Large Cap ETF (BATS:HEGD) by 28.7% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 18,446 shares of the company’s stock after purchasing an additional 4,119 shares during the quarter. EverSource Wealth Advisors LLC owned 0.10% of Swan Hedged Equity US Large Cap ETF worth $456,000 as of its most recent SEC filing.

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.