Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Trading 1.7% Higher – What’s Next?

Swan Hedged Equity US Large Cap ETF (BATS:HEGD) rose 1.7% during trading on Tuesday . The company traded as high as $22.77 and last traded at $22.95. Approximately 44,631 shares traded hands during mid-day trading, a decline of 42% from the average daily volume of 76,503 shares. The stock had previously closed at $22.57.

Swan Hedged Equity US Large Cap ETF Trading Up 1.7%

The business has a 50-day moving average of $22.42 and a 200 day moving average of $22.49. The firm has a market capitalization of $416.91 million, a PE ratio of 25.32 and a beta of 0.55.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Colonial Trust Co SC bought a new position in shares of Swan Hedged Equity US Large Cap ETF in the fourth quarter worth about $41,000. Runnymede Capital Advisors Inc. acquired a new stake in shares of Swan Hedged Equity US Large Cap ETF in the 4th quarter worth $59,000. Park Square Financial Group LLC acquired a new stake in Swan Hedged Equity US Large Cap ETF during the 4th quarter worth about $201,000. Finally, Vantage Financial Partners LLC lifted its position in Swan Hedged Equity US Large Cap ETF by 4.2% during the 1st quarter. Vantage Financial Partners LLC now owns 399,357 shares of the company’s stock worth $8,746,000 after acquiring an additional 16,029 shares during the period.

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.