VictoryShares Hedged Equity Income ETF (NASDAQ:HEJD) Shares Down 0.2% – Should You Sell?

VictoryShares Hedged Equity Income ETF (NASDAQ:HEJD)’s stock price dropped 0.2% on Thursday . The stock traded as low as $27.42 and last traded at $27.44. Approximately 6 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 46,606 shares. The stock had previously closed at $27.50.

VictoryShares Hedged Equity Income ETF Stock Performance

The company has a market cap of $37.59 million, a PE ratio of 12.10 and a beta of 0.27. The firm’s 50 day moving average is $26.85 and its 200-day moving average is $26.98.

VictoryShares Hedged Equity Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were issued a $0.3446 dividend. This is a boost from VictoryShares Hedged Equity Income ETF’s previous dividend of $0.11. The ex-dividend date of this dividend was Thursday, December 11th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in VictoryShares Hedged Equity Income ETF stock. Citadel Advisors LLC acquired a new stake in VictoryShares Hedged Equity Income ETF (NASDAQ:HEJD) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,147 shares of the company’s stock, valued at approximately $220,000. Citadel Advisors LLC owned 0.59% of VictoryShares Hedged Equity Income ETF at the end of the most recent quarter.

About VictoryShares Hedged Equity Income ETF

The VictoryShares Hedged Equity Income ETF (HEJD) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that focuses on taking long positions in dividend-paying US stocks and short positions in equity index futures contracts. The fund aims primarily for capital appreciation and, to a lesser extent, current income. HEJD was launched on Jul 11, 2024 and is issued by VictoryShares.