Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) Sees Large Volume Increase – Time to Buy?

Shares of Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) saw strong trading volume on Monday . 76,895 shares were traded 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 Price Performance

The company has a 50-day moving average price of $21.83 and a 200 day moving average price of $21.74. The firm has a market capitalization of $744.40 million, a PE ratio of 19.76 and a beta of 0.57.

Strategy Shares NASDAQ 7 HANDL ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, December 12th were paid a $0.1293 dividend. This is an increase from Strategy Shares NASDAQ 7 HANDL ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Thursday, December 12th.

Institutional Investors Weigh In On Strategy Shares NASDAQ 7 HANDL ETF

Several institutional investors and hedge funds have recently modified their holdings of HNDL. Jane Street Group LLC grew 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 valued at $1,093,000 after acquiring an additional 8,145 shares in the last quarter. Kades & Cheifetz LLC grew its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 4.9% during the third quarter. Kades & Cheifetz LLC now owns 459,012 shares of the company’s stock valued at $10,213,000 after purchasing an additional 21,239 shares in the last quarter. Newbridge Financial Services Group Inc. increased its holdings in shares of Strategy Shares NASDAQ 7 HANDL ETF by 237.2% in the second quarter. Newbridge Financial Services Group Inc. now owns 57,616 shares of the company’s stock worth $1,217,000 after purchasing an additional 40,527 shares during the last quarter. HighTower Advisors LLC increased its holdings 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 during the last quarter. Finally, International Assets Investment Management LLC raised its holdings in shares of Strategy Shares NASDAQ 7 HANDL ETF by 2,125.0% during the 3rd quarter. International Assets Investment Management LLC now owns 164,450 shares of the company’s stock worth $3,659,000 after acquiring an additional 157,059 shares in the last quarter.

Strategy Shares NASDAQ 7 HANDL ETF Company 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.