Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Trading Down 0.5% – Here’s What Happened

Swan Hedged Equity US Large Cap ETF (BATS:HEGD)’s share price was down 0.5% during trading on Friday . The company traded as low as $26.56 and last traded at $26.62. Approximately 48,679 shares changed hands during mid-day trading, a decline of 57% from the average daily volume of 112,378 shares. The stock had previously closed at $26.76.

Swan Hedged Equity US Large Cap ETF Stock Performance

The stock has a market cap of $483.42 million, a PE ratio of 25.32 and a beta of 0.55. The firm’s 50-day moving average is $26.67 and its 200 day moving average is $25.82.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC boosted its stake in shares of Swan Hedged Equity US Large Cap ETF by 27.3% during the second quarter. EverSource Wealth Advisors LLC now owns 7,866 shares of the company’s stock worth $185,000 after buying an additional 1,689 shares during the period. Mosaic Family Wealth Partners LLC purchased a new position in shares of Swan Hedged Equity US Large Cap ETF during the fourth quarter worth about $230,000. Integrated Wealth Concepts LLC increased its position in Swan Hedged Equity US Large Cap ETF by 6.7% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 14,233 shares of the company’s stock valued at $355,000 after acquiring an additional 889 shares during the period. JPMorgan Chase & Co. acquired a new position in Swan Hedged Equity US Large Cap ETF in the 2nd quarter valued at about $1,478,000. Finally, Baird Financial Group Inc. lifted its position in Swan Hedged Equity US Large Cap ETF by 60.5% during the 2nd quarter. Baird Financial Group Inc. now owns 73,253 shares of the company’s stock worth $1,721,000 after acquiring an additional 27,617 shares during the period.

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.