Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Stock Falls 0.5% – Time to Sell?

Swan Hedged Equity US Large Cap ETF (BATS:HEGD) shares traded down 0.5% during trading on Friday. The company traded as low as $26.75 and last traded at $26.75. Approximately 40,726 shares changed hands during mid-day trading, a decline of 58% from the average session 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 firm has a 50 day moving average price of $27.01 and a 200 day moving average price of $26.66. The stock has a market cap of $485.78 million, a P/E ratio of 25.32 and a beta of 0.55.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Swan Hedged Equity US Large Cap ETF stock. Marshall & Sterling Wealth Advisors Inc. boosted its position in shares of Swan Hedged Equity US Large Cap ETF (BATS:HEGD) by 1.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm 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 about 2.5% of Marshall & Sterling Wealth Advisors Inc.’s investment portfolio, making the stock its 11th largest position. Marshall & Sterling Wealth Advisors Inc. owned about 0.84% of Swan Hedged Equity US Large Cap ETF worth $3,748,000 at the end of the most recent reporting period.

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.