Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Trading Up 0.9% – Still a Buy?

Swan Hedged Equity US Large Cap ETF (BATS:HEGD)’s stock price was up 0.9% during mid-day trading on Friday . The stock traded as high as $22.77 and last traded at $22.77. Approximately 44,631 shares were traded during trading, The stock had previously closed at $22.57.

Swan Hedged Equity US Large Cap ETF Price Performance

The stock has a market capitalization of $274.57 million, a P/E ratio of 23.94 and a beta of 0.62. The stock has a fifty day moving average price of $22.74 and a 200 day moving average price of $22.15.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Swan Hedged Equity US Large Cap ETF stock. Avior Wealth Management LLC lifted its position in Swan Hedged Equity US Large Cap ETF (BATS:HEGD) by 9.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 445,437 shares of the company’s stock after buying an additional 37,693 shares during the quarter. Avior Wealth Management LLC owned approximately 3.69% of Swan Hedged Equity US Large Cap ETF worth $9,978,000 at the end of the most recent 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.