Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) Shares Down 0.1%

Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) dropped 0.1% during trading on Wednesday . The stock traded as low as $45.17 and last traded at $45.17. Approximately 46,531 shares traded hands during trading, a decline of 3% from the average daily volume of 48,149 shares. The stock had previously closed at $45.22.

Overlay Shares Large Cap Equity ETF Trading Down 0.2 %

The company has a market cap of $174.53 million, a price-to-earnings ratio of 25.46 and a beta of 1.18. The firm’s fifty day simple moving average is $44.14 and its 200 day simple moving average is $42.90.

Institutional Trading of Overlay Shares Large Cap Equity ETF

An institutional investor recently raised its position in Overlay Shares Large Cap Equity ETF stock. NBC Securities Inc. increased its position in Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) by 16.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,555 shares of the company’s stock after buying an additional 2,378 shares during the period. NBC Securities Inc. owned about 0.39% of Overlay Shares Large Cap Equity ETF worth $715,000 as of its most recent SEC filing.

Overlay Shares Large Cap Equity ETF Company Profile

The Overlay Shares Large Cap Equity ETF (OVL) is an exchange-traded fund that is based on the S&P 500 index. The fund is actively managed to provide exposure to large cap U.S. equities combined with a put spread option overlay strategy. OVL was launched on Sep 30, 2019 and is managed by Overlay Shares.