Spire Wealth Management Has $551,000 Holdings in Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL)

Spire Wealth Management decreased its holdings in shares of Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL) by 49.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,137 shares of the company’s stock after selling 25,728 shares during the quarter. Spire Wealth Management owned about 0.08% of Strategy Shares Nasdaq 7HANDL Index ETF worth $551,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of HNDL. IMG Wealth Management Inc. boosted its holdings in Strategy Shares Nasdaq 7HANDL Index ETF by 23.2% during the first quarter. IMG Wealth Management Inc. now owns 6,027 shares of the company’s stock worth $127,000 after buying an additional 1,134 shares during the last quarter. Kingswood Wealth Advisors LLC raised its position in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 39.0% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 31,425 shares of the company’s stock valued at $662,000 after acquiring an additional 8,815 shares during the period. Dynamic Advisor Solutions LLC bought a new position in Strategy Shares Nasdaq 7HANDL Index ETF during the 1st quarter worth approximately $382,000. New Century Financial Group LLC boosted its stake in Strategy Shares Nasdaq 7HANDL Index ETF by 12.8% during the 1st quarter. New Century Financial Group LLC now owns 16,377 shares of the company’s stock worth $345,000 after acquiring an additional 1,855 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in Strategy Shares Nasdaq 7HANDL Index ETF by 38.2% during the first quarter. Farther Finance Advisors LLC now owns 11,917 shares of the company’s stock valued at $251,000 after purchasing an additional 3,297 shares during the period.

Strategy Shares Nasdaq 7HANDL Index ETF Stock Performance

Shares of NASDAQ:HNDL opened at $21.52 on Friday. The company has a 50 day moving average price of $20.96 and a two-hundred day moving average price of $21.14. The company has a market capitalization of $690.36 million, a PE ratio of 24.18 and a beta of 0.71. Strategy Shares Nasdaq 7HANDL Index ETF has a 52 week low of $19.00 and a 52 week high of $22.44.

Strategy Shares Nasdaq 7HANDL Index ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 13th. Investors of record on Thursday, June 12th were paid a dividend of $0.1244 per share. The ex-dividend date of this dividend was Thursday, June 12th. This is an increase from Strategy Shares Nasdaq 7HANDL Index ETF’s previous dividend of $0.12.

Strategy Shares Nasdaq 7HANDL Index ETF Profile

The Strategy Shares Nasdaq 7 Handl Index ETF (HNDL) is an exchange-traded fund that is based on the NASDAQ 7 HANDL index. The fund is a fund of funds that targets a high distribution rate. The funds index reflects a balanced portfolio of US equities, fixed income, and alternative investments HNDL was launched on Jan 17, 2018 and is managed by Strategy Shares.