Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Trading Up 0.5% – Still a Buy?

Swan Hedged Equity US Large Cap ETF (BATS:HEGD)’s stock price was up 0.5% on Tuesday . The stock traded as high as $22.26 and last traded at $22.24. Approximately 15,175 shares traded hands during trading, The stock had previously closed at $22.12.

Swan Hedged Equity US Large Cap ETF Stock Performance

The stock has a market capitalization of $268.66 million, a price-to-earnings ratio of 23.94 and a beta of 0.62. The firm’s fifty day simple moving average is $22.10 and its 200 day simple moving average is $21.42.

Hedge Funds Weigh In On Swan Hedged Equity US Large Cap ETF

An institutional investor recently raised its position in Swan Hedged Equity US Large Cap ETF stock. Cambridge Investment Research Advisors Inc. boosted its position in Swan Hedged Equity US Large Cap ETF (BATS:HEGD) by 12.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 92,232 shares of the company’s stock after purchasing an additional 10,020 shares during the period. Cambridge Investment Research Advisors Inc. owned about 0.76% of Swan Hedged Equity US Large Cap ETF worth $1,962,000 as of its most recent filing with the SEC.

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.