Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Trading Down 1.4% – Here’s Why

Posted by Joseph Casey on May 7th, 2025

Swan Hedged Equity US Large Cap ETF (BATS:HEGD – Get Free Report) dropped 1.4% during mid-day trading on Tuesday . The company traded as low as $22.58 and last traded at $22.26. Approximately 44,631 shares changed hands during mid-day trading, a decline of 44% from the average daily volume of 79,090 shares. The stock had previously closed at $22.57.

Swan Hedged Equity US Large Cap ETF Stock Down 1.4 %

The firm has a 50 day moving average of $21.93 and a 200-day moving average of $22.45. The company has a market cap of $386.35 million, a P/E ratio of 24.67 and a beta of 0.55.

Hedge Funds Weigh In On Swan Hedged Equity US Large Cap ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in HEGD. Avior Wealth Management LLC lifted its stake in Swan Hedged Equity US Large Cap ETF by 9.2% in the fourth quarter. Avior Wealth Management LLC now owns 445,437 shares of the company’s stock worth $9,978,000 after acquiring an additional 37,693 shares during the period. Caitlin John LLC boosted its stake in shares of Swan Hedged Equity US Large Cap ETF by 73.3% during the fourth quarter. Caitlin John LLC now owns 5,252 shares of the company’s stock valued at $118,000 after purchasing an additional 2,222 shares in the last quarter. Vantage Financial Partners LLC purchased a new position in Swan Hedged Equity US Large Cap ETF during the fourth quarter valued at approximately $8,587,000. Runnymede Capital Advisors Inc. bought a new position in Swan Hedged Equity US Large Cap ETF in the fourth quarter worth approximately $59,000. Finally, Colonial Trust Co SC purchased a new stake in Swan Hedged Equity US Large Cap ETF during the fourth quarter worth $41,000.

Swan Hedged Equity US Large Cap ETF Company Profile

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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.