Shares of ZEGA Buy and Hedge ETF (NYSEARCA:ZHDG – Get Free Report) shot up 0.1% during trading on Monday . The company traded as high as $21.33 and last traded at $21.25. 6,247 shares changed hands during mid-day trading, a decline of 39% from the average session volume of 10,162 shares. The stock had previously closed at $21.23.
ZEGA Buy and Hedge ETF Stock Up 0.1%
The stock has a 50 day simple moving average of $22.10 and a 200 day simple moving average of $22.58. The company has a market capitalization of $32.94 million, a price-to-earnings ratio of 26.42 and a beta of 0.76.
About ZEGA Buy and Hedge ETF
The ZEGA Buy and Hedge ETF (ZHDG) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed options strategy that provides S&P 500 equity exposure while attempting to mitigate downside risk. The fund uses options and a broad range of fixed income securities to pursue its investment objective. ZHDG was launched on Jul 6, 2021 and is managed by ZEGA.
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