Accel Wealth Management Lowers Stake in Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL)

Accel Wealth Management trimmed its position in Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) by 28.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 31,730 shares of the company’s stock after selling 12,712 shares during the quarter. Accel Wealth Management’s holdings in Strategy Shares NASDAQ 7 HANDL ETF were worth $677,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new position in Strategy Shares NASDAQ 7 HANDL ETF in the third quarter valued at approximately $36,000. Consolidated Portfolio Review Corp purchased a new stake in shares of Strategy Shares NASDAQ 7 HANDL ETF in the third quarter worth about $206,000. New Century Financial Group LLC acquired a new stake in shares of Strategy Shares NASDAQ 7 HANDL ETF in the fourth quarter valued at about $313,000. HighTower Advisors LLC raised its holdings in shares of Strategy Shares NASDAQ 7 HANDL ETF by 3.4% during the 3rd quarter. HighTower Advisors LLC now owns 21,697 shares of the company’s stock valued at $481,000 after buying an additional 722 shares during the period. Finally, Larson Financial Group LLC lifted its position in Strategy Shares NASDAQ 7 HANDL ETF by 13.5% during the 3rd quarter. Larson Financial Group LLC now owns 39,635 shares of the company’s stock worth $882,000 after acquiring an additional 4,710 shares in the last quarter.

Strategy Shares NASDAQ 7 HANDL ETF Stock Up 0.1 %

Shares of NASDAQ:HNDL opened at $21.77 on Friday. The company has a market capitalization of $753.90 million, a price-to-earnings ratio of 19.76 and a beta of 0.57. The company has a 50 day moving average of $21.74 and a two-hundred day moving average of $21.76. Strategy Shares NASDAQ 7 HANDL ETF has a 52-week low of $20.01 and a 52-week high of $22.44.

Strategy Shares NASDAQ 7 HANDL ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, January 14th were issued a dividend of $0.1232 per share. The ex-dividend date was Tuesday, January 14th.

Strategy Shares NASDAQ 7 HANDL ETF Profile

The Strategy Shares Nasdaq 7 Handl Index ETF (HNDL) is an exchange-traded fund that is based on the NASDAQ 7 HANDL index. The fund is a fund of funds that targets a high distribution rate. The funds index reflects a balanced portfolio of US equities, fixed income, and alternative investments HNDL was launched on Jan 17, 2018 and is managed by Strategy Shares.