Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Shares Climb 0.4% – Here’s What Happened

Swan Hedged Equity US Large Cap ETF (BATS:HEGD) shares traded up 0.4% on Friday. The stock traded as high as $27.14 and last traded at $27.00. Approximately 43,591 shares changed hands during mid-day trading, a decline of 57% from the average session volume of 100,564 shares. The stock had previously closed at $26.90.

Swan Hedged Equity US Large Cap ETF Stock Performance

The business’s 50 day moving average price is $26.98 and its 200-day moving average price is $26.42. The firm has a market cap of $490.32 million, a price-to-earnings 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. lifted its position in Swan Hedged Equity US Large Cap ETF (BATS:HEGD) by 1.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 151,741 shares of the company’s stock after acquiring an additional 2,872 shares during the quarter. Swan Hedged Equity US Large Cap ETF accounts for approximately 2.5% of Marshall & Sterling Wealth Advisors Inc.’s holdings, making the stock its 11th largest position. Marshall & Sterling Wealth Advisors Inc. owned 0.84% of Swan Hedged Equity US Large Cap ETF worth $3,748,000 at the end of the most recent quarter.

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.