VictoryShares Hedged Equity Income ETF (NASDAQ:HEJD) Trading Down 0.5% – Time to Sell?

VictoryShares Hedged Equity Income ETF (NASDAQ:HEJD) shares traded down 0.5% on Wednesday . The stock traded as low as $26.62 and last traded at $26.5566. 10 shares were traded during mid-day trading, a decline of 87% from the average session volume of 78 shares. The stock had previously closed at $26.68.

VictoryShares Hedged Equity Income ETF Trading Down 0.5%

The stock’s 50-day moving average is $26.94 and its 200-day moving average is $26.98. The stock has a market cap of $36.38 million, a price-to-earnings ratio of 12.10 and a beta of 0.27.

VictoryShares Hedged Equity Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 12th. Stockholders of record on Thursday, December 11th were paid a dividend of $0.3446 per share. This is an increase from VictoryShares Hedged Equity Income ETF’s previous dividend of $0.11. The ex-dividend date was Thursday, December 11th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in VictoryShares Hedged Equity Income ETF stock. Citadel Advisors LLC purchased a new stake in shares of VictoryShares Hedged Equity Income ETF (NASDAQ:HEJD) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 8,147 shares of the company’s stock, valued at approximately $220,000. Citadel Advisors LLC owned 0.59% of VictoryShares Hedged Equity Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About VictoryShares Hedged Equity Income ETF

The VictoryShares Hedged Equity Income ETF (HEJD) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that focuses on taking long positions in dividend-paying US stocks and short positions in equity index futures contracts. The fund aims primarily for capital appreciation and, to a lesser extent, current income. HEJD was launched on Jul 11, 2024 and is issued by VictoryShares.