Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Shares Down 0.9% – Time to Sell?

Shares of Swan Hedged Equity US Large Cap ETF (BATS:HEGD) traded down 0.9% during trading on Thursday . The stock traded as low as $25.4367 and last traded at $25.2150. 195,460 shares traded hands during trading, an increase of 144% from the average session volume of 80,031 shares. The stock had previously closed at $25.45.

Swan Hedged Equity US Large Cap ETF Stock Down 0.9%

The firm has a market capitalization of $457.90 million, a PE ratio of 25.32 and a beta of 0.55. The company’s 50-day simple moving average is $24.97 and its 200 day simple moving average is $23.90.

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

Several institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. purchased a new position in Swan Hedged Equity US Large Cap ETF in the second quarter worth $1,478,000. Baird Financial Group Inc. boosted its position in shares of Swan Hedged Equity US Large Cap ETF by 60.5% in the 2nd quarter. Baird Financial Group Inc. now owns 73,253 shares of the company’s stock worth $1,721,000 after purchasing an additional 27,617 shares in the last quarter. Vantage Financial Partners LLC boosted its position in shares of Swan Hedged Equity US Large Cap ETF by 5.9% in the 3rd quarter. Vantage Financial Partners LLC now owns 461,871 shares of the company’s stock worth $11,510,000 after purchasing an additional 25,695 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. grew its stake in Swan Hedged Equity US Large Cap ETF by 1.4% during the 3rd quarter. Marshall & Sterling Wealth Advisors Inc. now owns 162,438 shares of the company’s stock worth $4,048,000 after buying an additional 2,216 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in Swan Hedged Equity US Large Cap ETF by 27.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 7,866 shares of the company’s stock valued at $185,000 after buying an additional 1,689 shares in the last quarter.

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.