Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Trading Up 0.6% – Time to Buy?

Swan Hedged Equity US Large Cap ETF (BATS:HEGD)’s stock price was up 0.6% on Wednesday . The stock traded as high as $26.72 and last traded at $26.69. Approximately 55,041 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 114,904 shares. The stock had previously closed at $26.54.

Swan Hedged Equity US Large Cap ETF Trading Down 1.0%

The company has a market capitalization of $482.33 million, a price-to-earnings ratio of 25.32 and a beta of 0.55. The firm’s fifty day simple moving average is $25.45 and its two-hundred day simple moving average is $25.40.

Institutional Investors Weigh In On Swan Hedged Equity US Large Cap ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Marshall & Sterling Wealth Advisors Inc. raised its stake in shares of Swan Hedged Equity US Large Cap ETF by 1.9% in the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 151,741 shares of the company’s stock valued at $3,748,000 after acquiring an additional 2,872 shares during the period. Mosaic Family Wealth Partners LLC purchased a new stake in shares of Swan Hedged Equity US Large Cap ETF in the 4th quarter valued at approximately $230,000. EverSource Wealth Advisors LLC raised its stake in shares of Swan Hedged Equity US Large Cap ETF by 95.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 14,327 shares of the company’s stock valued at $361,000 after acquiring an additional 7,015 shares during the period. Vantage Financial Partners LLC raised its stake in shares of Swan Hedged Equity US Large Cap ETF by 3.5% in the 4th quarter. Vantage Financial Partners LLC now owns 477,957 shares of the company’s stock valued at $12,049,000 after acquiring an additional 16,086 shares during the period. Finally, NewEdge Advisors LLC raised its stake in shares of Swan Hedged Equity US Large Cap ETF by 14.3% in the 3rd quarter. NewEdge Advisors LLC now owns 1,341,774 shares of the company’s stock valued at $33,437,000 after acquiring an additional 167,410 shares during the period.

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.