SPDR Galaxy Hedged Digital Asset Ecosystem ETF (NASDAQ:HECO – Get Free Report) shares dropped 1.4% on Thursday. The company traded as low as $67.95 and last traded at $67.95. Approximately 1,531 shares were traded during trading, a decline of 42% from the average session volume of 2,647 shares. The stock had previously closed at $68.90.
SPDR Galaxy Hedged Digital Asset Ecosystem ETF Stock Performance
The company has a market cap of $85.35 million, a price-to-earnings ratio of 23.72 and a beta of 3.18. The business’s 50 day moving average price is $64.33 and its 200-day moving average price is $58.66.
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.
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