Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Stock Passes Above Two Hundred Day Moving Average – Here’s What Happened

Swan Hedged Equity US Large Cap ETF (BATS:HEGD) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $21.68 and traded as high as $22.90. Swan Hedged Equity US Large Cap ETF shares last traded at $22.85, with a volume of 79,772 shares changing hands.

Swan Hedged Equity US Large Cap ETF Stock Performance

The company has a market cap of $276.03 million, a PE ratio of 23.94 and a beta of 0.62. The stock’s 50-day simple moving average is $22.40 and its 200 day simple moving average is $21.68.

Institutional Trading of Swan Hedged Equity US Large Cap ETF

A hedge fund recently raised its stake in Swan Hedged Equity US Large Cap ETF stock. Cambridge Investment Research Advisors Inc. increased its stake in shares of Swan Hedged Equity US Large Cap ETF (BATS:HEGD) by 12.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 92,232 shares of the company’s stock after buying an additional 10,020 shares during the period. Cambridge Investment Research Advisors Inc. owned about 0.76% of Swan Hedged Equity US Large Cap ETF worth $1,962,000 as of its most recent filing with the Securities and Exchange Commission.

About Swan Hedged Equity US Large Cap ETF

The Swan Hedged Equity US Large Cap ETF (HEGD) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides hedged exposure to US large-cap companies using ETFs and options. HEGD was launched on Dec 22, 2020 and is managed by Swan.