ZEGA Buy and Hedge ETF (NYSEARCA:ZHDG – Get Free Report)’s share price shot up 0.1% during trading on Wednesday . The company traded as high as $18.24 and last traded at $18.24. 496 shares changed hands during trading, a decline of 96% from the average session volume of 12,872 shares. The stock had previously closed at $18.22.
ZEGA Buy and Hedge ETF Trading Up 0.1 %
The firm has a 50-day moving average of $18.40 and a two-hundred day moving average of $17.81. The firm has a market capitalization of $41.95 million, a P/E ratio of 22.83 and a beta of 0.57.
ZEGA Buy and Hedge ETF Company Profile
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.
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