Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) Sees Large Volume Increase

Shares of Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) saw unusually-strong trading volume on Friday . Approximately 42,489 shares traded hands during trading, a decline of 58% from the previous session’s volume of 102,243 shares.The stock last traded at $21.28 and had previously closed at $21.23.

Strategy Shares NASDAQ 7 HANDL ETF Trading Up 0.4 %

The firm has a 50 day moving average of $20.84 and a 200-day moving average of $20.76. The company has a market cap of $822.57 million, a P/E ratio of 19.76 and a beta of 0.57.

Strategy Shares NASDAQ 7 HANDL ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, June 14th. Investors of record on Thursday, June 13th were paid a dividend of $0.1224 per share. This represents a $1.47 annualized dividend and a yield of 6.89%. The ex-dividend date was Thursday, June 13th.

Institutional Trading of Strategy Shares NASDAQ 7 HANDL ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cetera Investment Advisers increased its stake in Strategy Shares NASDAQ 7 HANDL ETF by 160.8% in the 1st quarter. Cetera Investment Advisers now owns 184,528 shares of the company’s stock worth $3,914,000 after acquiring an additional 113,777 shares during the last quarter. Avantax Advisory Services Inc. increased its stake in Strategy Shares NASDAQ 7 HANDL ETF by 3.6% in the 1st quarter. Avantax Advisory Services Inc. now owns 38,162 shares of the company’s stock worth $809,000 after acquiring an additional 1,332 shares during the last quarter. Kades & Cheifetz LLC increased its stake in Strategy Shares NASDAQ 7 HANDL ETF by 94.2% in the 1st quarter. Kades & Cheifetz LLC now owns 431,236 shares of the company’s stock worth $9,147,000 after acquiring an additional 209,183 shares during the last quarter. Advisory Alpha LLC increased its stake in Strategy Shares NASDAQ 7 HANDL ETF by 6.0% in the 1st quarter. Advisory Alpha LLC now owns 13,872 shares of the company’s stock worth $294,000 after acquiring an additional 788 shares during the last quarter. Finally, Larson Financial Group LLC increased its stake in Strategy Shares NASDAQ 7 HANDL ETF by 27.4% in the 1st quarter. Larson Financial Group LLC now owns 31,925 shares of the company’s stock worth $677,000 after acquiring an additional 6,860 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.