Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) Sets New 52-Week High at $22.25

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $22.25 and last traded at $22.24, with a volume of 16194 shares. The stock had previously closed at $22.22.

Strategy Shares NASDAQ 7 HANDL ETF Price Performance

The company has a fifty day simple moving average of $21.60 and a 200-day simple moving average of $21.11. The company has a market cap of $831.26 million, a P/E ratio of 19.76 and a beta of 0.57.

Strategy Shares NASDAQ 7 HANDL ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, September 13th were given a dividend of $0.1287 per share. This represents a $1.54 dividend on an annualized basis and a dividend yield of 7.01%. The ex-dividend date of this dividend was Friday, September 13th.

Hedge Funds Weigh In On Strategy Shares NASDAQ 7 HANDL ETF

A number of hedge funds and other institutional investors have recently modified their holdings of HNDL. International Assets Investment Management LLC purchased a new stake in Strategy Shares NASDAQ 7 HANDL ETF during the second quarter valued at about $156,000. Advisory Services Network LLC purchased a new stake in shares of Strategy Shares NASDAQ 7 HANDL ETF in the 4th quarter valued at approximately $191,000. Truist Financial Corp acquired a new position in Strategy Shares NASDAQ 7 HANDL ETF in the 4th quarter worth approximately $207,000. Arkadios Wealth Advisors purchased a new position in Strategy Shares NASDAQ 7 HANDL ETF during the 2nd quarter worth approximately $214,000. Finally, Advisory Alpha LLC raised its stake in Strategy Shares NASDAQ 7 HANDL ETF by 6.0% during the 1st quarter. Advisory Alpha LLC now owns 13,872 shares of the company’s stock valued at $294,000 after purchasing an additional 788 shares during the period.

Strategy Shares NASDAQ 7 HANDL ETF Company Profile

The Strategy Shares Nasdaq 7 Handl Index ETF (HNDL) is an exchange-traded fund that is based on the NASDAQ 7 HANDL index. The fund is a fund of funds that targets a high distribution rate. The funds index reflects a balanced portfolio of US equities, fixed income, and alternative investments HNDL was launched on Jan 17, 2018 and is managed by Strategy Shares.