Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) Reaches New 12-Month High – What’s Next?

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $22.40 and last traded at $22.40, with a volume of 21179 shares. The stock had previously closed at $22.26.

Strategy Shares NASDAQ 7 HANDL ETF Price Performance

The company has a 50-day moving average price of $21.99 and a two-hundred day moving average price of $21.56. The company has a market cap of $812.05 million, a PE ratio of 19.76 and a beta of 0.57.

Strategy Shares NASDAQ 7 HANDL ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, November 14th. Investors of record on Wednesday, November 13th were paid a $0.1292 dividend. The ex-dividend date was Wednesday, November 13th.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in HNDL. Wilmington Savings Fund Society FSB bought a new position in Strategy Shares NASDAQ 7 HANDL ETF during the third quarter worth $36,000. MML Investors Services LLC grew its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 7.4% during the 3rd quarter. MML Investors Services LLC now owns 66,851 shares of the company’s stock valued at $1,487,000 after buying an additional 4,582 shares during the last quarter. Jane Street Group LLC raised its stake in Strategy Shares NASDAQ 7 HANDL ETF by 19.9% during the third quarter. Jane Street Group LLC now owns 49,128 shares of the company’s stock worth $1,093,000 after acquiring an additional 8,145 shares during the period. HighTower Advisors LLC lifted its holdings in Strategy Shares NASDAQ 7 HANDL ETF by 3.4% in the third quarter. HighTower Advisors LLC now owns 21,697 shares of the company’s stock worth $481,000 after acquiring an additional 722 shares during the last quarter. Finally, Larson Financial Group LLC boosted its stake in Strategy Shares NASDAQ 7 HANDL ETF by 13.5% in the third quarter. Larson Financial Group LLC now owns 39,635 shares of the company’s stock valued at $882,000 after acquiring an additional 4,710 shares during the period.

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.