Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Shares Pass Above 200-Day Moving Average – Here’s Why

Swan Hedged Equity US Large Cap ETF (BATS:HEGD) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $21.68 and traded as high as $22.90. Swan Hedged Equity US Large Cap ETF shares last traded at $22.85, with a volume of 79,772 shares changing hands.

Swan Hedged Equity US Large Cap ETF Stock Performance

The firm has a 50-day moving average price of $22.40 and a two-hundred day moving average price of $21.68. The firm has a market cap of $276.03 million, a price-to-earnings ratio of 23.94 and a beta of 0.62.

Institutional Trading of Swan Hedged Equity US Large Cap ETF

A hedge fund recently raised its stake in Swan Hedged Equity US Large Cap ETF stock. Cambridge Investment Research Advisors Inc. lifted its stake in Swan Hedged Equity US Large Cap ETF (BATS:HEGD) by 12.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 92,232 shares of the company’s stock after buying an additional 10,020 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 0.76% of Swan Hedged Equity US Large Cap ETF worth $1,962,000 at the end of the most recent quarter.

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.