Nationwide Nasdaq-100 Risk-Managed Income ETF (NYSEARCA:NUSI) Trading Down 0.1%

Nationwide Nasdaq-100 Risk-Managed Income ETF (NYSEARCA:NUSI)’s stock price was down 0.1% during mid-day trading on Thursday . The stock traded as low as $22.60 and last traded at $22.84. Approximately 39,350 shares were traded during trading, a decline of 39% from the average daily volume of 64,928 shares. The stock had previously closed at $22.86.

Nationwide Nasdaq-100 Risk-Managed Income ETF Stock Down 0.1 %

The business has a 50-day moving average of $23.34 and a 200-day moving average of $22.36. The stock has a market cap of $375.72 million, a price-to-earnings ratio of 33.87 and a beta of 0.79.

Institutional Investors Weigh In On Nationwide Nasdaq-100 Risk-Managed Income ETF

A hedge fund recently bought a new stake in Nationwide Nasdaq-100 Risk-Managed Income ETF stock. NBC Securities Inc. purchased a new position in Nationwide Nasdaq-100 Risk-Managed Income ETF (NYSEARCA:NUSI) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 26,629 shares of the company’s stock, valued at approximately $536,000. NBC Securities Inc. owned about 0.13% of Nationwide Nasdaq-100 Risk-Managed Income ETF at the end of the most recent reporting period.

About Nationwide Nasdaq-100 Risk-Managed Income ETF

The Nationwide Nasdaq-100 Risk-Managed Income ETF (NUSI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of stocks included in the Nasdaq-100 Index combined with an options collar. The fund seeks to generate current income with some downside protection.