Ranger Equity Bear ETF (NYSEARCA:HDGE) Stock Crosses Above 200-Day Moving Average of $20.38

Ranger Equity Bear ETF (NYSEARCA:HDGEGet Free Report)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $20.38 and traded as high as $20.82. Ranger Equity Bear ETF shares last traded at $20.77, with a volume of 23,444 shares changing hands.

Ranger Equity Bear ETF Trading Up 0.5 %

The stock has a market capitalization of $74.36 million, a PE ratio of 10.51 and a beta of -1.27. The company’s 50-day moving average is $20.74 and its 200 day moving average is $20.38.

Hedge Funds Weigh In On Ranger Equity Bear ETF

An institutional investor recently raised its position in Ranger Equity Bear ETF stock. Vanguard Capital Wealth Advisors raised its stake in Ranger Equity Bear ETF (NYSEARCA:HDGEFree Report) by 11.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 48,880 shares of the exchange traded fund’s stock after buying an additional 5,023 shares during the quarter. Vanguard Capital Wealth Advisors owned about 0.90% of Ranger Equity Bear ETF worth $958,000 at the end of the most recent quarter.

About Ranger Equity Bear ETF

(Get Free Report)

The AdvisorShares Ranger Equity Bear ETF (HDGE) is an exchange-traded fund that is based on the MSCI World index. The fund is actively-managed fund that attempts to achieve positive returns by shorting US-listed companies believed to have low earnings quality or use aggressive accounting policies. HDGE was launched on Jan 26, 2011 and is managed by AdvisorShares.

Further Reading

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