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

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) shares saw unusually-strong trading volume on Monday . Approximately 60,813 shares were traded during 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 Trading Up 0.1 %

The company has a market capitalization of $745.50 million, a PE ratio of 19.76 and a beta of 0.57. The business has a fifty day moving average of $21.70 and a 200 day moving average of $21.78.

Strategy Shares NASDAQ 7 HANDL ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, January 14th were paid a $0.1232 dividend. The ex-dividend date of this dividend was Tuesday, January 14th.

Institutional Investors Weigh In On Strategy Shares NASDAQ 7 HANDL ETF

Several large investors have recently added to or reduced their stakes in HNDL. HighTower Advisors LLC increased its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 3.4% in the 3rd quarter. HighTower Advisors LLC now owns 21,697 shares of the company’s stock valued at $481,000 after purchasing an additional 722 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Strategy Shares NASDAQ 7 HANDL ETF during the third quarter worth $36,000. Allworth Financial LP increased its holdings in 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 buying an additional 1,792 shares during the last quarter. OxenFree Capital LLC raised its stake in Strategy Shares NASDAQ 7 HANDL ETF by 8.7% in the third quarter. OxenFree Capital LLC now owns 49,099 shares of the company’s stock valued at $1,092,000 after buying an additional 3,935 shares in the last quarter. Finally, MML Investors Services LLC lifted its holdings in 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 worth $1,487,000 after buying an additional 4,582 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.