SPDR Galaxy Hedged Digital Asset Ecosystem ETF (NASDAQ:HECO – Get Free Report) shot up 2.5% during mid-day trading on Wednesday . The company traded as high as $60.37 and last traded at $60.88. Approximately 112 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 2,839 shares. The stock had previously closed at $59.38.
SPDR Galaxy Hedged Digital Asset Ecosystem ETF Price Performance
The firm has a market cap of $83.08 million, a price-to-earnings ratio of 23.72 and a beta of 3.18. The firm’s fifty day moving average is $64.32 and its 200-day moving average is $56.25.
SPDR Galaxy Hedged Digital Asset Ecosystem ETF Company Profile
The SPDR Galaxy Hedged Digital Asset Ecosystem ETF (HECO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, seeking long-term capital appreciation by investing in companies positioned to capitalize on opportunities within the blockchain and crypto industries, while also gaining crypto exposure through ETFs and futures contracts. The fund also uses an options overlay strategy. HECO was launched on Sep 9, 2024 and is issued by State Street.
See Also
- Five stocks we like better than SPDR Galaxy Hedged Digital Asset Ecosystem ETF
- Revolution Medicines Got Its Breakthrough—What Moves It Next?
- Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy
- FB Financial’s Southern Expansion and Buybacks Drive Analyst Optimism
- AST SpaceMobile Stock Soared 12%—This Was the Catalyst
Receive News & Ratings for SPDR Galaxy Hedged Digital Asset Ecosystem ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Galaxy Hedged Digital Asset Ecosystem ETF and related companies with MarketBeat.com's FREE daily email newsletter.
