Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) Sees Unusually-High Trading Volume – Here’s What Happened

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) saw an uptick in trading volume on Monday . 60,813 shares traded hands during mid-day trading, a decline of 24% from the previous session’s volume of 79,809 shares.The stock last traded at $21.59 and had previously closed at $21.69.

Strategy Shares NASDAQ 7 HANDL ETF Stock Up 0.1 %

The company has a market cap of $745.50 million, a price-to-earnings ratio of 19.76 and a beta of 0.57. The business’s fifty day simple moving average is $21.70 and its two-hundred day simple moving average is $21.78.

Strategy Shares NASDAQ 7 HANDL ETF Cuts Dividend

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

Hedge Funds Weigh In On Strategy Shares NASDAQ 7 HANDL ETF

Several hedge funds have recently made changes to their positions in the company. Wilmington Savings Fund Society FSB purchased a new position in Strategy Shares NASDAQ 7 HANDL ETF during the 3rd quarter worth approximately $36,000. Allworth Financial LP boosted its holdings in shares of Strategy Shares NASDAQ 7 HANDL ETF by 28.3% in the fourth quarter. Allworth Financial LP now owns 8,127 shares of the company’s stock valued at $176,000 after acquiring an additional 1,792 shares during the period. Consolidated Portfolio Review Corp purchased a new position in shares of Strategy Shares NASDAQ 7 HANDL ETF during the third quarter worth approximately $206,000. New Century Financial Group LLC acquired a new position in shares of Strategy Shares NASDAQ 7 HANDL ETF in the 4th quarter valued at $313,000. Finally, Strategic Financial Concepts LLC purchased a new stake in Strategy Shares NASDAQ 7 HANDL ETF in the 4th quarter valued at $378,000.

About Strategy Shares NASDAQ 7 HANDL ETF

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.