Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) Trading Up 0.8%

Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) shares were up 0.8% during trading on Monday . The company traded as high as $35.93 and last traded at $35.93. Approximately 15,322 shares were traded during mid-day trading, a decline of 40% from the average daily volume of 25,357 shares. The stock had previously closed at $35.64.

Overlay Shares Large Cap Equity ETF Trading Up 0.8 %

The company has a market cap of $154.50 million, a PE ratio of 19.65 and a beta of 1.12. The stock has a 50 day moving average price of $35.83 and a 200 day moving average price of $34.09.

Overlay Shares Large Cap Equity ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, July 7th. Stockholders of record on Thursday, July 6th were paid a $0.3184 dividend. The ex-dividend date was Wednesday, July 5th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. OLD Mission Capital LLC bought a new position in Overlay Shares Large Cap Equity ETF during the 4th quarter valued at approximately $399,000. JPMorgan Chase & Co. bought a new position in Overlay Shares Large Cap Equity ETF during the 4th quarter valued at approximately $543,000. Finally, Janney Montgomery Scott LLC increased its position in Overlay Shares Large Cap Equity ETF by 1.6% during the 2nd quarter. Janney Montgomery Scott LLC now owns 60,857 shares of the company’s stock valued at $2,184,000 after buying an additional 939 shares in the last quarter.

Overlay Shares Large Cap Equity ETF Company Profile

The Overlay Shares Large Cap Equity ETF (OVL) is an exchange-traded fund that is based on the S&P 500 index. The fund is actively managed to provide exposure to large cap U.S. equities combined with a put spread option overlay strategy. OVL was launched on Sep 30, 2019 and is managed by Overlay Shares.