Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) Stock Price Up 0.3% – Here’s What Happened

Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) rose 0.3% during mid-day trading on Monday . The company traded as high as $46.24 and last traded at $46.24. Approximately 16,859 shares were traded during trading, a decline of 68% from the average daily volume of 52,555 shares. The stock had previously closed at $46.11.

Overlay Shares Large Cap Equity ETF Stock Performance

The business’s fifty day moving average price is $42.92 and its 200-day moving average price is $45.94. The stock has a market cap of $196.98 million, a PE ratio of 24.94 and a beta of 1.16.

Hedge Funds Weigh In On Overlay Shares Large Cap Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. OLD Mission Capital LLC bought a new stake in Overlay Shares Large Cap Equity ETF during the 1st quarter worth approximately $402,000. NBC Securities Inc. raised its stake in Overlay Shares Large Cap Equity ETF by 102,138.5% during the 1st quarter. NBC Securities Inc. now owns 13,291 shares of the company’s stock worth $582,000 after acquiring an additional 13,278 shares during the period. Finally, Fiduciary Alliance LLC raised its stake in Overlay Shares Large Cap Equity ETF by 7.5% during the 1st quarter. Fiduciary Alliance LLC now owns 8,394 shares of the company’s stock worth $368,000 after acquiring an additional 583 shares during the period.

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.