Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) Sees Strong Trading Volume – Here’s Why

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) shares saw unusually-strong trading volume on Monday . Approximately 76,895 shares changed hands during trading, an increase of 1% from the previous session’s volume of 76,074 shares.The stock last traded at $21.56 and had previously closed at $21.55.

Strategy Shares NASDAQ 7 HANDL ETF Stock Down 0.1 %

The company’s fifty day moving average is $21.84 and its two-hundred day moving average is $21.74. The firm has a market capitalization of $749.97 million, a price-to-earnings ratio of 19.76 and a beta of 0.57.

Strategy Shares NASDAQ 7 HANDL ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, December 12th were given a $0.1293 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This is a boost from Strategy Shares NASDAQ 7 HANDL ETF’s previous dividend of $0.13.

Hedge Funds Weigh In On Strategy Shares NASDAQ 7 HANDL ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HNDL. Wilmington Savings Fund Society FSB bought a new position in shares of Strategy Shares NASDAQ 7 HANDL ETF during the third quarter worth about $36,000. Consolidated Portfolio Review Corp acquired a new stake in shares of Strategy Shares NASDAQ 7 HANDL ETF in the third quarter valued at approximately $206,000. HighTower Advisors LLC lifted its position in shares of 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 purchasing an additional 722 shares in the last quarter. Larson Financial Group LLC grew its position 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 purchasing an additional 4,710 shares in the last quarter. Finally, Strategic Financial Concepts LLC increased its stake in Strategy Shares NASDAQ 7 HANDL ETF by 341.1% in the 2nd quarter. Strategic Financial Concepts LLC now owns 41,861 shares of the company’s stock valued at $884,000 after buying an additional 32,371 shares during the last quarter.

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.