Shares of Unlimited HFND Multi-Strategy Return Tracker ETF (NYSEARCA:HFND – Get Free Report) fell 0.4% during trading on Wednesday . The company traded as low as $24.36 and last traded at $24.42. Approximately 5,485 shares were traded during mid-day trading, a decline of 55% from the average session volume of 12,214 shares. The stock had previously closed at $24.53.
Unlimited HFND Multi-Strategy Return Tracker ETF Stock Performance
The company’s 50 day simple moving average is $24.30 and its 200-day simple moving average is $23.73. The firm has a market capitalization of $34.43 million, a PE ratio of 17.86 and a beta of 0.48.
Hedge Funds Weigh In On Unlimited HFND Multi-Strategy Return Tracker ETF
An institutional investor recently bought a new position in Unlimited HFND Multi-Strategy Return Tracker ETF stock. Miller Global Investments LLC acquired a new position in Unlimited HFND Multi-Strategy Return Tracker ETF (NYSEARCA:HFND – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 119,514 shares of the company’s stock, valued at approximately $2,695,000. Unlimited HFND Multi-Strategy Return Tracker ETF comprises 2.4% of Miller Global Investments LLC’s portfolio, making the stock its 8th biggest position. Miller Global Investments LLC owned 9.05% of Unlimited HFND Multi-Strategy Return Tracker ETF at the end of the most recent quarter.
Unlimited HFND Multi-Strategy Return Tracker ETF Company Profile
The Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund that seeks to outperform the hedge fund industry by taking long and short positions in broad-based ETFs and futures contracts. The fund attempts to build a portfolio with similar return characteristics to the hedge fund industry gross of fees returns. HFND was launched on Oct 10, 2022 and is managed by Tidal ETFs.
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