Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL) Sees Large Volume Increase – Time to Buy?

Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL) shares saw unusually-strong trading volume on Tuesday . 62,020 shares changed hands during mid-day trading, a decline of 11% from the previous session’s volume of 69,780 shares.The stock last traded at $22.53 and had previously closed at $22.53.

Strategy Shares Nasdaq 7HANDL Index ETF Stock Down 0.0%

The business’s fifty day moving average is $22.65 and its 200 day moving average is $22.56. The firm has a market capitalization of $632.05 million, a price-to-earnings ratio of 24.18 and a beta of 0.73.

Strategy Shares Nasdaq 7HANDL Index ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, August 14th. Shareholders of record on Thursday, August 13th were issued a dividend of $0.1324 per share. This represents a c) dividend on an annualized basis and a yield of 7.1%. The ex-dividend date was Thursday, August 13th.

Institutional Trading of Strategy Shares Nasdaq 7HANDL Index ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Arkadios Wealth Advisors lifted its holdings in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 3.6% in the fourth quarter. Arkadios Wealth Advisors now owns 14,196 shares of the company’s stock valued at $313,000 after purchasing an additional 497 shares in the last quarter. Asset Allocation Strategies LLC grew its holdings in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 4.1% during the second quarter. Asset Allocation Strategies LLC now owns 16,960 shares of the company’s stock worth $387,000 after buying an additional 662 shares in the last quarter. Beam Wealth Advisors Inc. grew its holdings in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 3.0% during the first quarter. Beam Wealth Advisors Inc. now owns 24,188 shares of the company’s stock worth $528,000 after buying an additional 705 shares in the last quarter. Garton & Associates Financial Advisors LLC bought a new position in shares of Strategy Shares Nasdaq 7HANDL Index ETF during the fourth quarter worth about $25,000. Finally, Geneos Wealth Management Inc. raised its position in Strategy Shares Nasdaq 7HANDL Index ETF by 1,200.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,300 shares of the company’s stock valued at $28,000 after buying an additional 1,200 shares during the last quarter.

About Strategy Shares Nasdaq 7HANDL Index ETF

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.