Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Shares Up 0.3% – Still a Buy?

Shares of Swan Hedged Equity US Large Cap ETF (BATS:HEGD) rose 0.3% during mid-day trading on Thursday . The stock traded as high as $27.04 and last traded at $27.00. Approximately 48,978 shares changed hands during trading, a decline of 56% from the average daily volume of 110,915 shares. The stock had previously closed at $26.93.

Swan Hedged Equity US Large Cap ETF Stock Up 0.3%

The business’s 50 day moving average is $25.95 and its two-hundred day moving average is $25.54. The firm has a market cap of $490.32 million, a P/E ratio of 25.32 and a beta of 0.55.

Hedge Funds Weigh In On Swan Hedged Equity US Large Cap ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. NewEdge Advisors LLC lifted its holdings in Swan Hedged Equity US Large Cap ETF by 14.3% in the third quarter. NewEdge Advisors LLC now owns 1,341,774 shares of the company’s stock valued at $33,437,000 after buying an additional 167,410 shares during the period. Vantage Financial Partners LLC boosted its position in shares of Swan Hedged Equity US Large Cap ETF by 3.5% during the 4th quarter. Vantage Financial Partners LLC now owns 477,957 shares of the company’s stock valued at $12,049,000 after purchasing an additional 16,086 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. boosted its position in shares of 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 valued at $4,048,000 after purchasing an additional 2,216 shares in the last quarter. Baird Financial Group Inc. boosted its position in shares of 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 valued at $1,721,000 after purchasing an additional 27,617 shares in the last quarter. Finally, JPMorgan Chase & Co. bought a new stake in shares of Swan Hedged Equity US Large Cap ETF during the 2nd quarter valued at about $1,478,000.

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.