Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Trading 0.5% Higher – What’s Next?

Swan Hedged Equity US Large Cap ETF (BATS:HEGD) shares were up 0.5% during mid-day trading on Friday . The company traded as high as $27.36 and last traded at $27.31. Approximately 65,547 shares traded hands during mid-day trading, a decline of 40% from the average daily volume of 108,700 shares. The stock had previously closed at $27.17.

Swan Hedged Equity US Large Cap ETF Stock Performance

The stock has a market capitalization of $495.95 million, a P/E ratio of 25.32 and a beta of 0.55. The firm has a 50-day moving average price of $26.68 and a 200 day moving average price of $25.96.

Institutional Investors Weigh In On Swan Hedged Equity US Large Cap ETF

A number of hedge funds have recently made changes to their positions in HEGD. NewEdge Advisors LLC boosted its stake in shares of Swan Hedged Equity US Large Cap ETF by 14.3% in the 3rd quarter. NewEdge Advisors LLC now owns 1,341,774 shares of the company’s stock valued at $33,437,000 after purchasing an additional 167,410 shares in the last quarter. Vantage Financial Partners LLC lifted its stake in Swan Hedged Equity US Large Cap ETF by 3.5% in the fourth quarter. Vantage Financial Partners LLC now owns 477,957 shares of the company’s stock worth $12,049,000 after purchasing an additional 16,086 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. boosted its position in Swan Hedged Equity US Large Cap ETF by 1.9% during the first quarter. Marshall & Sterling Wealth Advisors Inc. now owns 151,741 shares of the company’s stock valued at $3,748,000 after buying an additional 2,872 shares during the period. Baird Financial Group Inc. boosted its position in Swan Hedged Equity US Large Cap ETF by 60.5% during the second quarter. Baird Financial Group Inc. now owns 73,253 shares of the company’s stock valued at $1,721,000 after buying an additional 27,617 shares during the period. Finally, JPMorgan Chase & Co. bought a new position in shares of Swan Hedged Equity US Large Cap ETF during the second quarter valued at about $1,478,000.

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.