Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Trading Down 0.2% – Time to Sell?

Swan Hedged Equity US Large Cap ETF (BATS:HEGD)’s share price traded down 0.2% during mid-day trading on Friday . The stock traded as low as $26.24 and last traded at $26.29. Approximately 149,820 shares were traded during trading, an increase of 29% from the average session volume of 115,936 shares. The stock had previously closed at $26.34.

Swan Hedged Equity US Large Cap ETF Stock Performance

The company has a market capitalization of $477.43 million, a P/E ratio of 25.32 and a beta of 0.55. The stock has a 50 day moving average price of $26.46 and a 200 day moving average price of $25.68.

Institutional Trading of Swan Hedged Equity US Large Cap ETF

Several hedge funds have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC boosted its stake in Swan Hedged Equity US Large Cap ETF by 28.7% in the first quarter. EverSource Wealth Advisors LLC now owns 18,446 shares of the company’s stock valued at $456,000 after acquiring an additional 4,119 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. lifted its stake in Swan Hedged Equity US Large Cap ETF by 1.9% in the first quarter. Marshall & Sterling Wealth Advisors Inc. now owns 151,741 shares of the company’s stock valued at $3,748,000 after purchasing an additional 2,872 shares during the last quarter. Mosaic Family Wealth Partners LLC purchased a new position in Swan Hedged Equity US Large Cap ETF in the fourth quarter valued at approximately $230,000. Vantage Financial Partners LLC grew its holdings in Swan Hedged Equity US Large Cap ETF by 3.5% during the fourth quarter. Vantage Financial Partners LLC now owns 477,957 shares of the company’s stock valued at $12,049,000 after purchasing an additional 16,086 shares during the period. Finally, NewEdge Advisors LLC grew its holdings in Swan Hedged Equity US Large Cap ETF by 14.3% during the third quarter. NewEdge Advisors LLC now owns 1,341,774 shares of the company’s stock valued at $33,437,000 after purchasing an additional 167,410 shares during the period.

About Swan Hedged Equity US Large Cap ETF

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.